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The Construction Contract form is designed for use in Broward and outlines a Cost Plus agreement between a Contractor and an Owner. It details the scope of work, the work site, permit responsibilities, soil conditions, and insurance requirements. The key feature of this contract is the Cost Plus payment structure, where the Owner pays for actual material costs plus a specified fee for the Contractor's services. This form includes sections for changes to the scope of work and outlines late payment penalties and warranty limitations. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form vital for clearly defining responsibilities and expectations in construction projects. It aids in specifying financial terms and ensures compliance with local regulations, providing protection for both parties involved. Users can fill out specific details about the project, work site, and payment structure, making it adaptable to various construction scenarios.
Contract Types Comparison Party 1 offers Unilateral Services or goods that the other party requested, usually in an open request Implied Services or goods Express Anything Simple Something of value to the other party9 more rows •