Home Fee Cost Plus Contract With Construction Company In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home Fee Cost Plus Contract with Construction Company in Broward is a structured agreement between the Contractor and the Owner for construction services. It outlines the scope of work, including the materials and labor necessary to build a residence based on specified plans. The form details the work site location, permit requirements, and soil conditions, emphasizing that any additional site work due to unique soil issues will incur further costs to the Owner. Insurance coverage requirements are clearly stated, ensuring protection against various risks. The contract allows for changes in the project scope through written change orders, with the Owner responsible for any associated cost increases. It also specifies payment terms, including the late payment penalties and warranty details for workmanship and materials. This document is vital for Attorneys, Contractors, Owners, and Legal Assistants, providing legal structure and clarity regarding the cost-plus payment method, compliance with local regulations, and delineating responsibilities, which can help prevent disputes during the construction process.
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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.
