Cost Plus Construction Contract With Example In Alameda
Category:
State:
Multi-State
County:
Alameda
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract is a crucial document for construction projects, specifically tailored to the needs of Owners in Alameda. This contract stipulates that the Owner will pay the Contractor for the actual costs incurred for materials, along with an agreed-upon fee for services, ensuring transparency in cost management. Key features include detailed provisions on the scope of work, work site conditions, permits, and insurance requirements, creating a clear framework for responsibilities and expectations. Important filling instructions include specifying the project's location and scope clearly, and any changes to the project must be documented through a written 'Change Order.' This contract is particularly useful for various users including Attorneys and Legal Assistants, who may need to review and advise on legal compliance; Partners and Owners, who seek to protect their investment in construction; and Associates and Paralegals, who may assist in drafting or negotiating contract terms. The contract also outlines payment structures, late payment penalties, and warranty clauses, making it a comprehensive tool for managing costs and ensuring accountability in construction projects.
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FAQ
As a general rule, if the owner hired whoever drafted the construction plans, or if whoever drafted the faulty plans is an employee or agent of the owner, it is the owner who will be liable for defective plans.
