Contract Cost Plus Form Template With Percentages In Broward

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

Description

The Contract Cost Plus Form Template with Percentages in Broward is designed for use in construction agreements, specifically where costs are billed on a cost-plus basis. This template allows owners to pay contractors for their actual material expenses plus an agreed-upon fee, which can be defined as a fixed sum or a percentage of the costs. Key features of the form include a defined scope of work, stipulations regarding permits and soil conditions, insurance requirements, and procedures for making changes to the scope of work via written change orders. Users are instructed to clearly specify the payment structure, either as a stipulated sum or based on actual costs plus a markup. The form also addresses late payment penalties and warranties on workmanship and materials, setting clear expectations for both parties. This template is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in drafting or reviewing construction contracts in Broward. It simplifies the contractual process by providing a clear, structured approach to outlining responsibilities and financial arrangements.