Cost Plus Contract In Costing In Alameda
Category:
State:
Multi-State
County:
Alameda
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract in Costing in Alameda is designed for construction projects, outlining the agreement between the Contractor and the Owner. Key features include detailed specifications for the scope of work, a clear definition of the work site, and the responsibilities regarding permits and soil conditions. The Contractor is required to maintain insurance, and the Owner must provide a boundary survey and title opinion before construction begins. Changes to the scope of work can be made via written Change Orders, with the Owner liable for any cost increases. This form allows for payment based on actual material costs plus a fee, which facilitates transparency in construction expenses. For attorneys, paralegals, and legal assistants, it serves as a practical tool for advising clients on construction matters. Owners and Contractors benefit from its structured approach, ensuring all parties are clear on their responsibilities and potential costs, while associates and partners can rely on its comprehensive nature for risk management and compliance.
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