Cost Plus Contract In Building In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract in Building in Broward is a comprehensive agreement between a contractor and an owner outlining the terms of construction for a designated project. Key features include the scope of work, work site specifications, permit requirements, and conditions regarding soil. Notably, the contract stipulates that the owner will pay the actual costs incurred by the contractor along with an additional agreed-upon fee for services performed. It also allows for changes in the scope of work through written change orders, ensuring flexibility during the project. The contractor is responsible for obtaining necessary permits and maintaining insurance coverage, while the owner must provide a boundary survey and title documentation before construction begins. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in ensuring that all parties are aware of their rights and responsibilities within the construction process, thus mitigating potential disputes. The straightforward language and organized structure enhance usability for individuals with varying levels of legal experience.
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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.
