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The Cost Plus Contract in Project Management in Bronx outlines a legal agreement between a contractor and an owner specifying that the owner will pay the contractor the actual cost of materials plus an additional fee for services rendered. This contract emphasizes the importance of a clearly defined scope of work, which is supported by relevant plans and specifications. Key features include provisions for obtaining necessary permits, handling soil conditions, and making changes to the project scope through written change orders. The form includes detailed instructions for filling out the contractor's fee and addresses responsibility for insurance and late payment penalties. Target audiences such as attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure compliance with local regulations, protect project interests, and establish a clear framework for financial obligations. Its straightforward language and structured format make it accessible for users without extensive legal knowledge, facilitating effective project management in the Bronx.