Contract Cost Plus Agreement With Canada In Bexar
Category:
State:
Multi-State
County:
Bexar
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract outlines the agreement between the Contractor and Owner regarding the construction of a residence in Bexar. It specifies the scope of work, detailing the labor and materials required to complete the project according to the agreed plans and specifications. The contract mandates that the Contractor is responsible for obtaining necessary permits, while the Owner must provide a boundary survey and title opinion before construction begins. A significant feature of this contract is the 'Cost Plus' payment structure, which allows the Owner to pay the actual costs incurred by the Contractor, in addition to a set fee for services. There are provisions for changes to the scope of work through written Change Orders, ultimately impacting project costs. Additionally, the contract includes clauses on late payments, warranty for workmanship, and soil conditions, ensuring clear responsibilities and protections for both parties. This document is particularly useful for legal professionals, such as attorneys and paralegals, as well as business partners and owners involved in construction projects, providing a structured approach to contract management and risk mitigation.
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FAQ
Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).
