Cost Plus Construction Contract With Guaranteed Maximum Price In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract with Guaranteed Maximum Price in Contra Costa is a legal document that outlines the agreement between a contractor and an owner regarding a construction project. This contract specifies the scope of work, the work site, and mandates that the contractor will obtain necessary permits. Key features include a section on soil conditions, insurance responsibilities, and procedures for making changes to the project's scope through written change orders. It establishes a cost-plus payment structure, where the contractor receives the actual cost of materials plus an agreed-upon fee, ensuring clarity on payment terms. Additionally, the contract addresses late payments, defaults, and warranties, with clear instructions for both parties. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in residential construction projects, as it provides a structured framework for managing expectations and responsibilities in construction agreements.
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