Sample Of Cost Plus Contract For Construction In Clark

• Category: Construction - Contractors
• State: Multi-State
• County: Clark
• Control #: US-00462
• Format: Word; Rich Text

Description

The Sample of Cost Plus Contract for Construction in Clark serves as a comprehensive agreement between the contractor and the owner for residential construction projects. Key features of this document include a detailed scope of work, clearly defined work site, and provisions for permits which delineate who is responsible for obtaining them. The contract specifies that the contractor is not liable for soil conditions at the work site and outlines insurance requirements for the contractor. Importantly, it provides mechanisms for changes to the scope of work through written change orders, ensuring that any cost changes are communicated and agreed upon. The payment structure allows for either a cost-plus or fixed fee model, tailored to the needs of the project. Additionally, the contract includes stipulations for late payments and warranties, protecting both parties' interests. This form is particularly useful for attorneys, partners, and owners involved in construction, providing them with a structured legal framework. Paralegals and legal assistants can benefit from the specific filling and editing instructions to ensure accuracy and compliance, making this document an essential resource in the field of construction law.