Cost Plus Construction Contract Example In Allegheny

• Category: Construction - Contractors
• State: Multi-State
• County: Allegheny
• Control #: US-00462
• Format: Word; Rich Text

Description

The Cost Plus Construction Contract example in Allegheny outlines the agreement between a contractor and an owner for the construction of a residential project. Key features include the scope of work, specifying materials and labor provided by the contractor. Important sections cover the work site details, requirement for permits, and clarifies soil condition responsibilities, ensuring risks related to soil are noted. Additional clauses detail changes to the scope of work through written change orders, highlighting potential cost adjustments. The contractor's fee can either be a cost-plus fee determined by actual costs plus a set amount, or a fixed fee. Moreover, the contract includes provisions for late payment penalties and outlines the contractor's warranty limitations. This document is particularly valuable for attorneys and paralegals who assist in contract drafting and review, partners and owners engaged in property development, and legal assistants managing administrative duties related to construction projects, ensuring they understand their rights and obligations.