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Get Construction Contract Cost Plus Or Fixed Fee - Ohio
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How to use or fill out the Construction Contract Cost Plus Or Fixed Fee - Ohio online
This guide provides a detailed walkthrough for filling out the Construction Contract Cost Plus Or Fixed Fee form specific to Ohio. By following these instructions, users can effectively complete the form with clarity and confidence.
Follow the steps to fill out the Construction Contract Cost Plus Or Fixed Fee - Ohio form online
- Press the ‘Get Form’ button to retrieve the Construction Contract Cost Plus Or Fixed Fee form and open it in your preferred editing tool.
- In the first section of the form, enter the names and addresses of the Contractor and Owner. Ensure all information is accurate and clearly written.
- Describe the scope of work to be performed by the Contractor. Include all necessary details regarding labor, materials, and the specific project outline.
- Indicate the work site address and provide any relevant details about the location that may affect the construction.
- Fill in the dates for the commencement and completion of the project. Make sure to account for any potential delays that may occur.
- Detail the permits required for the project. Confirm that the Contractor will apply for and obtain these permits prior to starting work.
- Clarify any concerns regarding soil conditions at the work site and how they may relate to additional costs and responsibilities.
- Specify the agreed-upon insurance that the Contractor must maintain during the project for liability and worker protection.
- Complete the sections regarding changes in the scope of work, including how these changes will be documented and the cost implications.
- Choose between the cost-plus or fixed fee payment structure and fill in the corresponding payment amounts as agreed upon.
- Review the late payment and default terms, ensuring all parties understand and agree to the consequences of delayed payments.
- Confirm any agreements related to destruction or damage of the project and how costs will be managed in such situations.
- Read through the interpretation and entire agreement clauses for clarity on how the contract terms will govern any potential disputes.
- Verify the contractor's responsibility for performance, including adherence to building codes and performance standards.
- After completing the form, make sure to save any changes. Choose to download, print, or share the finalized Construction Contract as needed.
Start filling out your Construction Contract Cost Plus Or Fixed Fee form online today!
Overview: Cost-Plus vs Fixed Price The two main types of contracts for a custom home or remodeling project are cost-plus and fixed price. In a fixed-price contract, the total cost is predetermined. However, with cost-plus, the expenses are estimated but the final price isn't determined until the project is complete.
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