Cost Plus Fee Contract Example In Broward

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

Description

The Cost Plus Fee Contract example in Broward is designed to facilitate agreements between contractors and property owners for construction projects. This form outlines the scope of work, work site details, and the responsibilities of both parties, including obtaining necessary permits and insurance coverage. The form specifies a cost plus fee structure, allowing the owner to pay the actual costs incurred by the contractor plus an additional fee for services rendered. Key features include provisions for changes to the scope of work through written change orders, as well as guidelines for late payments and warranties. Filling out the contract requires users to complete sections with specific project details and payment amounts, ensuring clarity and mutual understanding. This form is especially useful for attorneys, partners, and owners involved in construction projects, as it clearly delineates responsibilities and liabilities. Paralegals and legal assistants can benefit from this form by utilizing it as a resource in contract drafting and understanding construction law related to cost-based payments.