Home Fee Cost Plus Contract With Construction Company In Arizona

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

Description

The Home Fee Cost Plus Contract with Construction Company in Arizona is a crucial legal document that outlines the agreement between a contractor and an owner for residential construction projects. The contract specifies the scope of work, which includes all labor and materials necessary for the completion of the project as detailed in the attached plans and specifications. It also highlights the work site location and mandates the contractor to obtain necessary permits, with costs considered part of the project expenses. Furthermore, it addresses soil conditions, specifying that the contractor holds no responsibility for existing soil issues, which could incur additional costs for the owner. Key features include a clearly defined cost structure, either on a cost-plus basis or a fixed fee, with stipulations for late payment and warranties provided for workmanship. This contract requires written change orders for any alterations to the scope of work, ensuring that both parties agree on cost increments resulting from such changes. It serves as a vital tool for attorneys, partners, owners, associates, paralegals, and legal assistants in ensuring that construction projects are conducted legally and efficiently, protecting the interests of all parties involved.