Construction Cost Plus Withdrawal In Broward

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

Description

The Construction Contract for construction cost plus withdrawal in Broward outlines the agreement between a Contractor and an Owner for the construction of a residential project. Key features include a clear scope of work, which requires the Contractor to provide all necessary labor and materials, and permit responsibilities that must be managed by the Contractor. It stipulates the need for a boundary survey and title opinion before commencing work on the specified location. Additionally, the contract accommodates changes to the scope through formal Change Orders, which may incur additional costs. The payment structure allows for both cost-plus and fixed fee arrangements, giving Owners flexibility in how they compensate the Contractor. Key instructions for filling this form include clearly detailing the scope of work, defining payment schedules, and specifying insurance obligations. This contract is essential for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants involved in construction projects, as it ensures all parties are aware of their rights, responsibilities, and the financial implications tied to construction decisions.