Contract Cost Plus Agreement For Construction In Broward

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

Description

The Contract Cost Plus Agreement for Construction in Broward outlines the responsibilities and compensation structures between the Contractor and Owner for residential construction projects. This form specifies the scope of work, which includes the labor and materials required for completing the project, as well as the details of the work site and necessary permits. A key feature of this agreement is the payment structure, where the Owner agrees to reimburse the Contractor for actual costs incurred for materials, plus a specified fee for services rendered. The form provides clear instructions on how to initiate changes to the project scope through written change orders, ensuring that any adjustments to costs are agreed upon in advance. Additional provisions address insurance requirements, soil conditions, and warranty limitations, enhancing clarity for both parties. Target users of this form include attorneys, who may review and enforce the contract; partners and owners, who negotiate terms; associates and paralegals, who assist in completing the document; and legal assistants, who may manage the execution of the agreement. This form is particularly useful in ensuring that all parties understand their obligations and protections throughout the construction process.