Sample Of Cost Plus Contract For Construction In Broward

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

Description

The Sample of cost plus contract for construction in Broward is designed to facilitate a clear agreement between a contractor and an owner regarding construction projects. This contract outlines the scope of work, including labor and materials required for a specified project, along with details about the work site. It mandates the contractor to apply for necessary permits and emphasizes that the owner must inform the contractor about soil conditions at the site. The document provides flexibility for the owner to request changes in the scope of work via written 'Change Orders' and confirms that any increased costs due to such changes will be the owner's responsibility. It includes a cost plus payment structure, where the owner agrees to cover actual costs plus a fixed fee for the contractor's services. Late payment penalties and warranty limitations are also expressly stated. This form serves various users, including attorneys who may review and modify the contract, partners overseeing project agreements, owners needing clarity on construction terms, associates and paralegals facilitating contract execution, and legal assistants ensuring compliance with local regulations.