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The Contract Cost Plus Form with example in Alameda enables a clear agreement between the contractor and owner regarding the costs associated with a construction project. This form outlines key components such as the scope of work, work site details, required permits, and provisions covering soil conditions. A specific feature of this form is the cost structure, where the owner agrees to pay the actual cost of materials plus a predetermined fee for the contractor's services. This format allows flexibility in project management, particularly for changes to the scope of work, which must be documented through a written change order. Additionally, provisions regarding late payments and warranties are included to protect both parties. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a vital tool for ensuring legal compliance and clarity in construction agreements. It simplifies the negotiation process by providing a straightforward framework and is essential for those managing construction projects within Alameda.
Contract Types Comparison Party 1 offers Unilateral Services or goods that the other party requested, usually in an open request Implied Services or goods Express Anything Simple Something of value to the other party9 more rows •
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