Cost Plus Fee Contract Example In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Fee Contract Example in Clark outlines the agreement between a contractor and an owner regarding the construction of a residential project. Key features include a detailed scope of work, stipulations for permits, and responsibilities concerning soil conditions at the work site. The form specifies that the owner must pay the actual costs of materials plus an additional fee for the contractor's services, allowing flexibility in budgeting based on actual expenses. It also includes provisions for changes to the scope of work through written change orders and outlines payment terms, including penalties for late payments. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in construction projects, as it clarifies roles, financial obligations, and contingencies that may arise during construction. By using this form, users can ensure that all parties have a clear understanding of the contract terms, thus minimizing disputes and fostering smooth project execution.
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