Cost Plus Contract In Costing In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract in Costing in Clark is a legal form designed to outline the agreement between a contractor and an owner for construction projects. This contract stipulates that the owner will compensate the contractor for the actual costs of materials, plus an additional sum for services rendered, which provides budget flexibility during project execution. Key features include detailed provisions for scope of work, work site specifications, insurance requirements, and the approach to handling changes in the project scope through formal 'Change Orders.' The contract emphasizes the responsibility of the owner for certain aspects, like soil conditions and necessary permits, thus delineating financial responsibilities clearly. Filling instructions generally indicate where to specify the project details, costs, and payment schedules. Target users such as attorneys, partners, and paralegals benefit from this form by ensuring legal compliance and protecting their clients’ interests. Legal assistants may find it useful for document preparation, while owners can ensure clarity about project costs and scope, mitigating potential disputes.
Free preview
