Home Fee Cost Plus Contract Formula In Contra Costa

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

Description

The document outlines a Construction Contract specifically focused on the home fee cost plus contract formula applicable in Contra Costa. This agreement is entered between a contractor and an owner detailing the scope of work, work site, permits, soil conditions, insurance requirements, and payment structures. It incorporates two payment options: a cost plus fee structure where the owner pays the actual costs of materials plus a specified fee, or a fixed fee agreement. Key features include the provisions for changes in scope via written change orders and stipulations regarding late payment penalties. The inclusion of warranties limits the contractor's responsibility to defects in workmanship within one year. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it offers a clear framework for managing construction projects, ensuring compliance with local regulations, and protecting both parties' interests throughout the construction period.