Construction Cost Contract Plus With Example In California
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Description
The Construction Cost Contract Plus is a vital legal document designed for parties involved in building projects in California. This contract outlines the obligations and rights of both the contractor and the owner, detailing the scope of work, work site specifications, and the process for obtaining necessary permits. It also addresses soil conditions, insurance requirements, and guidelines for making changes to the scope of work. Notably, under the cost-plus fee structure, the owner agrees to reimburse the contractor for the actual costs incurred along with a predetermined fee. This contract serves as a comprehensive framework that safeguards both parties through clear stipulations regarding payment schedules and warranties associated with workmanship and materials. For attorneys, partners, owners, associates, paralegals, and legal assistants, this form proves crucial in ensuring compliance with local regulations and protecting their interests during construction projects. Its structured layout also facilitates easy editing and filling, making it accessible for individuals with varying levels of legal experience.
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