Cost Plus Fee Construction Contract In Arizona
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Description
The Cost Plus Fee Construction Contract in Arizona is designed for engagements between contractors and owners, establishing the terms under which construction will be performed. It details key elements such as the scope of work, work site, necessary permits, and the responsibilities regarding soil conditions. A distinctive feature is the payment structure, wherein the owner agrees to pay for the actual costs incurred by the contractor plus an additional fee, ensuring flexibility in financial arrangements. The contract also outlines the procedures for making changes to the scope of work through written change orders, which helps in managing any modifications effectively. Important filling and editing instructions include the necessity to specify project details, payment terms, and any additional requirements that might arise during construction. This form is particularly useful for attorneys, partners, and owners as it provides a clear framework for defining project expectations and responsibilities. Associates, paralegals, and legal assistants can benefit from this contract by using it to guide clients through the construction process and ensuring compliance with regulations. Overall, the cost plus fee construction contract is an essential document for facilitating smooth construction projects in Arizona.
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