Home Fee Cost Plus Contract With Contractor In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home Fee Cost Plus Contract With Contractor in Clark is a legal document designed for construction agreements between a contractor and an owner. It outlines the scope of work, which includes the materials and labor necessary for building a residence based on agreed-upon plans and specifications. The contract specifies that the construction will occur on the owner's property, and emphasizes that the contractor will secure all necessary permits at the owner's expense. Additionally, it clarifies that the contractor is not responsible for soil conditions, placing that responsibility on the owner. There is a section for payment structure that details a cost-plus approach, where the owner pays the actual costs plus a specified fee for the contractor's services. The contract allows for modifications to the scope of work through written change orders, ensuring that any costs arising from such changes are borne by the owner. Key features also include provisions regarding insurance, late payment penalties, and warranties on workmanship. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law, as it provides a clear framework for contractual obligations and rights, helping to prevent disputes and ensuring compliance with local regulations.
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FAQ
Every contractor I've worked with has taken 50% up front and 50% when the job is finished. This is normal. One thing I would recommend is you vet your contractor thoroughly--check reviews, make sure they have a legitimate website, testimonials etc...
