Cost Plus Construction Contract With Example In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract with example in Broward is a legal document used between a Contractor and an Owner for construction projects. This contract outlines the Contractor's obligation to provide labor and materials as described in agreed-upon plans. Key features include a detailed scope of work, responsibilities regarding permits, soil conditions, insurance requirements, and procedures for changes to the scope of work. It emphasizes the cost structure of payment, specifically under a cost-plus arrangement, where the Owner agrees to pay the actual cost of materials plus a specified sum for services rendered. Filling and editing instructions involve careful insertion of details specific to the project, such as the work site and payment terms. It also requires documentation on any changes made through written Change Orders, along with guidelines for handling late payments and warranties. This contract is particularly useful for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants engaged in construction law and real estate transactions. They can use it to ensure clear agreements are maintained and to protect their legal rights by outlining responsibilities and potential liabilities in construction projects.
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