Cost Plus Contract In Building In Contra Costa
Category:
State:
Multi-State
County:
Contra Costa
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract in Building in Contra Costa is a legal document that outlines the payment arrangement between a Contractor and an Owner for construction projects. This contract stipulates that the Owner will pay the Contractor for the actual cost of materials along with a designated fee for services rendered. It clearly defines the scope of work, work site, and responsibilities regarding permits and soil conditions. Changes to the project can be made through written Change Orders, which may also affect costs. Insurance requirements, late payment penalties, and warranty clauses on workmanship are articulated to protect both parties. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured framework for managing construction projects, ensuring that all parties are aware of their rights and obligations. It reduces uncertainties related to project costs and makes provisions for additional work or changes in plans, thus minimizing potential disputes.
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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.
