Cost Plus Contract For Contractors In Allegheny

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

Description

The Cost Plus Contract for Contractors in Allegheny is a legal agreement outlining the responsibilities of the contractor and the owner in a construction project. This form specifies the scope of work, location of the project, insurance requirements, and procedures for making changes to the project. It allows the owner to cover the actual costs of the contractor plus a predetermined fee, providing flexibility in managing unexpected expenses. The contractor is also required to obtain necessary permits and must clarify any potential soil issues, shifting additional costs to the owner if necessary. The document includes vital sections on late payments, warranty limitations, and the need for written change orders to adjust the scope of work. This form is particularly useful for attorneys, partners, and owners as it provides clear guidelines on managing construction costs and responsibilities. Paralegals and legal assistants can benefit from using this form to ensure compliance with local regulations and effective communication between parties involved in real estate development.