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The Contract Cost Plus Form with Two Points in Broward is a legally binding agreement between a Contractor and an Owner for building a residential project. This form outlines the scope of work, including labor and materials, and specifies the Work Site location. A key feature is the cost plus structure, where the Owner pays the actual costs incurred by the Contractor alongside a predetermined sum for services. Users must complete sections detailing the project description, payment arrangements, and conditions for changes in scope, which require written Change Orders. The form also includes stipulations regarding permits, soil conditions, insurance requirements, and responsibilities related to property surveys and title information. Targeted users include attorneys, partners, owners, associates, paralegals, and legal assistants, who benefit from this structured approach to construction agreements, ensuring clarity on financial obligations and risk management. Proper filling and editing instructions emphasize the need for precision in documentation to uphold legal integrity and avoid disputes.
Contract Types Comparison Party 1 offers Unilateral Services or goods that the other party requested, usually in an open request Implied Services or goods Express Anything Simple Something of value to the other party9 more rows •
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