Cost Plus Contract In Building In Chicago
Category:
State:
Multi-State
City:
Chicago
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract in Building in Chicago outlines the agreement between the Contractor and Owner for a construction project. This contract details the scope of work, responsibilities for permits, and conditions regarding soil. It specifies that the Owner will pay for the actual costs of materials plus an agreed fee for the Contractor's services. Key features include provisions for changes in scope, late payment penalties, and warranties on workmanship. This form is particularly useful for attorneys, partners, and owners who are involved in construction projects, ensuring that all parties understand their rights and responsibilities. Paralegals and legal assistants can utilize the form to aid in document preparation and compliance, ensuring clarity in contractual obligations. The straightforward language and structure enhance usability for users with varying levels of legal knowledge.
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