Another Name For Cost Reimbursement Contract

State:
Multi-State
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

Another name for cost reimbursement contract is the Cost Plus contract. This legal form is utilized in construction projects where the owner agrees to pay the contractor for the actual costs incurred, along with an additional fee for profit. Key features of this contract include a detailed scope of work, provisions for changes through written Change Orders, and specific terms regarding payment structures, either based on fixed fees or cost plus actual expenses. It is essential for contractors to maintain proper documentation of costs for reimbursement. Filling out the form requires clarity and detail in specifying the project scope and cost estimates. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law, as it provides a clear framework for responsibilities and financial accountability, thereby minimizing disputes. The contract also outlines insurance and warranty provisions that protect all parties involved, ensuring that their interests are safeguarded during and after the construction process.
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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

In Wisconsin, children cannot dictate where they reside but the courts may take the child's preference into consideration at about age 14 or when the child can articulate a preference and a reason for the preference. A child cannot opt to violate a court order, parents are responsible for following the court order.

A custody and placement agreement can be modified without going to court if the other party agrees to it. To have the modification set in stone, the parties would need to file a Stipulation Order to Amend Judgment.

Under Wisconsin law, a child's parent must notify the other parent if he or she wishes to: Move outside of Wisconsin and establish a legal residence with the child in another state. Move within Wisconsin and establish a legal residence that is 150 miles or more from the other parent.

Divorce ends a marriage. The court rules on such issues as the division of property, maintenance (spousal support), and if necessary, arrangements for child support, legal custody, and physical placement. There is a 120-day waiting period to get divorced.

Consolidated Court Automation Programs (CCAP) Steering Committee. CCAP is responsible for supporting the IT needs of the entire Wisconsin Court System.

In Wisconsin, joint legal custody or 50/50 custody gives both parents an equal share of the legal responsibilities of caring for their children. Joint physical custody maximizes the time the child has with both parents. Shared custody schedules work to give the child equal amounts with each parent.

In general, family court records in Wisconsin may be made available to interested and eligible persons upon request. However, in order to access a family court record, the requesting party may be required to meet some eligibility requirements which may be unique to the record custodian.

A substantial change in circumstances may arise when a child custody order is modified and the parent paying support becomes the custodial parent, when a medical issue arises, when a parent has a significant change in income such as a job loss, or when a parent is put in jail.

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Another Name For Cost Reimbursement Contract