Cost Plus For Construction In Bronx
Category:
State:
Multi-State
County:
Bronx
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract for a cost plus project in the Bronx outlines the agreement between the contractor and the owner regarding the construction of a residence. Key features include a detailed scope of work, location of the project, permit obligations, and conditions relating to soil. The contractor is responsible for obtaining necessary permits, while the owner must cover associated costs. The form stipulates that any changes to the project scope must be documented through written change orders, and provides two payment options: cost plus or fixed fee. Owners are liable for additional expenses incurred due to unforeseen soil conditions or changes requested during construction. The contract also includes provisions for late payment penalties and warranties on workmanship. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it helps ensure clarity in construction agreements and responsibilities, facilitating better project management and compliance with local regulations.
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FAQ
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.
