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The Cost Plus Construction Contract example in Bronx is a legal document outlining the agreement between a contractor and an owner for construction services. Key features include a detailed scope of work, work site specifications, and requirements for obtaining necessary permits. The contract specifies that the contractor is responsible only for general excavation and grading, while the owner must assess soil conditions and provide any additional specifications if needed. It also addresses insurance responsibilities, boundary surveys, and procedures for requesting changes to the project scope through written change orders. The payment structure allows for reimbursement of actual costs plus a fee for contractor services, with provisions for late payments and warranty limitations. This form is especially useful for various legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides clarity on the responsibilities of each party, supports the management of construction costs, and establishes legal protections for both the contractor and the owner in Bronx.
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.
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