Cost Plus Contract For Contractors In Collin
Category:
State:
Multi-State
County:
Collin
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract for Contractors in Collin is a legal document that outlines the agreement between a contractor and an owner for construction services. This contract specifies that the owner will pay the contractor for actual costs incurred, plus an additional fee for the contractor's services. Key features include detailed sections on the scope of work, work site details, permit obligations, soil conditions, and insurance requirements. There are specific provisions for changes in the scope of work that must be documented through written change orders. The document includes clauses for late payments and warranties for work performed by the contractor. It is ideal for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in construction projects. This form helps ensure clarity on financial obligations, responsibilities, and legal protections for both parties involved. Proper filling and editing instructions emphasize the need for accurate project details and compliance with local regulations. This contract is particularly useful for managing budget expectations and laying a foundation for clear communication throughout the construction process.
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FAQ
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
