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The Contract Cost Plus Agreement for Construction in Clark is a formal agreement between a contractor and an owner for the construction of a residential project. This contract outlines the scope of work, work site location, permits, soil conditions, insurance requirements, survey and title provisions, changes to the scope of work, and payment structure. Specifically, it allows the owner to pay for actual costs of materials plus an additional fee for the contractor's services, offering flexibility in payment arrangements. The agreement also clarifies late payment terms and the warranty on workmanship. This document is particularly useful for attorneys, partners, and legal assistants in ensuring compliance with construction laws, as well as for owners and associates looking to protect their interests during the construction process. Paralegals can assist in filling and editing the form by ensuring all specifications are accurately captured and that necessary documentation, such as change orders, are clearly drafted.