Contract Cost Plus Agreement With Us In Bexar
Category:
State:
Multi-State
County:
Bexar
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Agreement with us in Bexar is a legal document designed for owners and contractors to outline the terms and conditions under which construction projects will be carried out. Key features of this agreement include a detailed scope of work, the designation of the work site, and responsibilities for obtaining necessary permits. Notably, the agreement allows for both a cost plus fee structure and a fixed fee structure, providing flexibility in payment options. It emphasizes the owner's responsibility for soil conditions and additional expenses that may arise from changes in the project scope. Users must adhere to written change orders to modify the project's conditions, with the contractor's fees structured to cover actual costs plus a specified amount. For the target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a vital tool in managing construction projects by clarifying obligations, financial arrangements, and potential liabilities. It aids in ensuring compliance with local regulations and protecting the interests of both parties involved.
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FAQ
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
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).
