Home Fee Cost Plus Contract For Construction In Bronx
Category:
State:
Multi-State
County:
Bronx
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home Fee Cost Plus Contract for Construction in Bronx is a legal agreement between a contractor and the owner detailing the terms of construction services for a specified project. This contract outlines the scope of work, including the responsibilities of both parties regarding labor, materials, and site conditions. A key feature of this form is the cost structure, allowing the owner to pay the actual costs of materials along with an agreed-upon fee for the contractor's services. The contract also specifies that changes to the scope of work must be documented through written change orders, ensuring transparency and mutual agreement on modifications. The contractor’s liability for on-site conditions is limited, placing the burden of site assessment on the owner. This form is particularly useful for attorneys, partners, and legal assistants who need to establish clear contractual obligations and protect their clients' interests during construction projects. Additionally, it serves paralegals and associates working on drafting and reviewing contracts, allowing them to facilitate negotiations and ensure compliance with local regulations. Properly filling out the form involves detailing the project specifications, payment terms, and ensuring all necessary permits are obtained, which is crucial for the contract's enforceability.
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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.
