Cost Plus Fee Construction Contract In Bexar

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

Description

The Cost Plus Fee Construction Contract in Bexar is a comprehensive agreement between a contractor and an owner for construction work on a specified project. This contract outlines the scope of work, which includes the provision of all labor and materials necessary to complete the project as per the owner's selected plans. Key features of the contract include stipulations regarding soil conditions, the responsibility for permits, and the requirement for a pre-construction survey and title opinion. Additionally, the document allows the owner to make changes to the project scope through written change orders, with costs adjusted accordingly. The contractor is to be compensated based on actual costs incurred plus a fixed sum, providing transparency in pricing. There are provisions for late payments, detailing the penalties for overdue payments, and a warranty clause that limits the contractor's liability to one year for defects in workmanship. This form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law, as it establishes clear expectations and responsibilities for all parties involved, facilitating smoother project management and legal compliance in Bexar.