Cost Plus Fee Construction Contract In Bronx

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

Description

The Cost Plus Fee Construction Contract in Bronx outlines the terms and responsibilities between a Contractor and an Owner for a construction project. Key features include a detailed scope of work describing the project, the requirement for the Contractor to obtain necessary permits, and the stipulation regarding soil conditions and insurance coverage. The form allows for modifications to the project scope through written Change Orders, ensuring clarity on any cost adjustments. The compensation structure is based on actual costs plus a specified fee, which can be adapted to fixed fees if preferred. Additional clauses address late payment penalties and a warranty for craftsmanship. This contract is particularly useful for attorneys, partners, and owners as it clarifies roles and liabilities while providing a clear framework for project execution. Paralegals and legal assistants can use this form to assist in drafting or modifying contracts, ensuring compliance with local regulations, and facilitating communication between parties.