Cost Plus Contract With Example In Allegheny
Category:
State:
Multi-State
County:
Allegheny
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract outlines a Cost Plus contract example specific to Allegheny, detailing the financial arrangement where the Owner pays the Contractor for all materials plus an additional fee. Key features include a clear scope of work, the obligation for the Contractor to obtain necessary permits, and stipulations regarding soil conditions and insurance responsibilities. The form also allows for changes to the project through written Change Orders, with payment adjustments identified for any changes in cost. Furthermore, it stipulates late payment penalties and warranty limitations regarding workmanship. This form is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects. These professionals can use the form to ensure all necessary legal and financial aspects of the contract are addressed, helping to protect the interests of both the Contractor and Owner. Proper filling and editing instructions allow for customization to fit specific projects and regulatory requirements, making it a versatile tool in the construction industry.
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FAQ
The three general categories of costs included in manufacturing processes are direct materials, direct labor, and overhead. Note that there are a few exceptions, since some service industries do not have direct material costs, and some automated manufacturing companies do not have direct labor costs.
