Construction Cost Contract Plus With Example In Collin

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

Description

The Construction Cost Contract Plus is a detailed agreement designed for use by contractors and property owners in Collin, ensuring that all aspects of a construction project are clearly defined. This contract outlines the scope of work, which includes labor and materials necessary for constructing a residence, while also specifying the work site and any required permits. A significant feature is the flexibility for owners to modify the scope of work through written change orders, which can impact project costs. The document addresses critical concerns such as soil conditions, insurance responsibilities, and warranty terms, helping to mitigate potential disputes. The contract can be tailored to either a cost-plus fee structure or a fixed fee arrangement, making it versatile for various projects. It is essential for attorneys, partners, and owners to accurately fill in specific project details and review the insurance and warranty clauses. Legal assistants and paralegals can aid in preparing and editing the form for compliance and clarity. The contract is particularly useful for collaborative construction projects, providing a solid framework for communication between contractors and owners.