Cost Plus Contract For Construction In Arizona
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The Cost Plus Contract for Construction in Arizona is designed to define the agreement between a contractor and an owner for construction projects. This contract specifies that the owner will pay for the actual costs of materials plus an additional fee for the contractor's services, which offers transparency in pricing. Key features include a detailed scope of work, the obligation for the contractor to obtain necessary permits, and provisions for potential changes to the project. The contract explicitly states that soil conditions will not be the contractor's responsibility, which is crucial for risk management. Filing and editing instructions require the parties to fill in specific details, such as project descriptions and payment terms, ensuring clarity and mutual understanding. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law, as it outlines key responsibilities and liabilities while protecting both parties' interests. Furthermore, the late payment clause and warranty terms provide additional legal protections. Overall, this form serves as a vital tool for facilitating construction agreements in Arizona.
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How To Write A Construction Contract With 7 Steps Step 1: Define the Parties Involved. Step 2: Outline the Scope of Work. Step 3: Establish the Timeline. Step 4: Determine the Payment Terms. Step 5: Include Necessary Legal Clauses. Step 6: Address Change Orders and Modifications. Step 7: Sign and Execute the Contract.
