Contract Cost Plus Agreement With Canada In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Agreement with Canada in Clark is designed for construction projects where the Owner compensates the Contractor based on the actual cost of materials plus a predetermined fee for services. Key features of this form include a detailed scope of work, the designation of the work site, and provisions for obtaining necessary permits. The document also contains clauses addressing soil condition responsibilities, insurance requirements, and the need for a boundary survey and title opinion from the Owner before construction begins. The form allows for modifications to the project scope through written Change Orders, ensuring that both parties agree to any cost increases. It includes payment terms, detailing late charges for overdue payments, and establishes warranty limitations for Contractor workmanship. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to formalize their agreements, ensuring clarity and promoting compliance throughout the construction process. Its structure allows for easy editing to reflect specific project details, making it applicable across various construction scenarios.
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FAQ
A Time & Materials project is billed based on the number of hours worked, at the hourly, daily, or monthly fixed billing rates assigned for that project. A Fixed Bid project is billed using a flat amount, regardless of the number of hours worked.
