Cost Plus Contract Types In Bronx

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

Description

The Cost Plus Contract types in Bronx provide a flexible fee structure for construction projects, ensuring owners pay for actual costs incurred plus a specified fee for the contractor's services. This contract type is particularly beneficial in scenarios where project scope may change, allowing for adjustments via Change Orders. Key features include the obligation of the contractor to obtain necessary permits, outline insurance requirements, and the need for a boundary survey and title opinion before construction. Filling out the contract involves specifying the scope of work, work site, payment terms, and handling changes to the project. Target audiences such as attorneys, partners, owners, associates, paralegals, and legal assistants can use this form to facilitate clear communication and obligations between parties, manage financial expectations, and ensure necessary legal compliance, promoting a smoother construction process.