Contract Cost Plus Agreement With Us In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Agreement with us in Broward is a legally binding document between a Contractor and an Owner, outlining the terms of construction for a specified project. This agreement includes a detailed scope of work, clearly defining the responsibilities of the Contractor and the Owner. Key features include the authority given to the Contractor to commence work, the requirement for the Contractor to obtain necessary permits, and the stipulation regarding soil conditions, indicating that the Contractor is not liable for these conditions. The financial aspects are clearly articulated, specifying that the Owner will pay actual costs incurred by the Contractor, along with an additional agreed-upon fee. Additionally, there are provisions for late payments, warranties on workmanship, and the process for making changes to the scope of work through written change orders. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law or contract management, as it provides a clear framework for defining roles, responsibilities, and financial obligations in construction projects.
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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.
Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).
