US Legal Forms
Forms Kit
Construction Contractor Forms
Multi-State
Construction Contract for Home - Fixed Fee or Cost Plus

Construction Cost Plus With Showtime In Cook

Q: What is the difference between a fixed bid project and a T&amp;M project?

A Time &amp; Materials project is billed based on the number of hours worked, at the hourly, daily, or monthly fixed billing rates assigned for that project. A Fixed Bid project is billed using a flat amount, regardless of the number of hours worked.

Category:

Construction - Contractors

State:

Multi-State

County:

Cook

Control #:

US-00462

Format:

Instant download

Description

The Construction Cost Plus with Showtime in Cook contract outlines the essential terms and conditions between the Contractor and Owner for a construction project. It details the scope of work to be undertaken, which includes labor and materials according to the specified plans. The contract specifies the work site and requires the Contractor to obtain necessary permits at the Owner's expense. It clarifies that the Contractor is not responsible for soil conditions, shifting liability for any additional excavation or grading costs onto the Owner. Insurance requirements, boundary surveys, and title opinions are mandated to protect both parties. Modification of the project scope is permitted through written Change Orders, with an associated increase in project costs. The Contractor is compensated based on actual costs plus a specified fee, allowing flexibility in budgeting. Additionally, the contract includes terms regarding late payments and warranty conditions for workmanship. This form is particularly valuable for attorneys, partners, owners, associates, paralegals, and legal assistants, as it assists in structuring clear agreements that mitigate risks and outline responsibilities in construction projects.

Cease and Desist Letter for Libelous or Sl...

View this form

Training Contract - Horse Equine Forms

View this form

Partner Ledger

View this form

Demand and Notice for Payment of Demand Pr...

View this form

Technical Collaboration Agreement

View this form

Flooring Contract for Contractor

View this form

Form popularity

FAQ

CCDC contracts are ubiquitous in the construction industry. They are used for all manner of different project types and sizes, so much so that familiarity with these documents is almost becoming required to do business in Ontario's construction industry. There are currently around 14 types of CCDC format contracts.

The CCA specifically handles documents affecting the contractor to sub-contractor relationships while the CCDC documents typically handle contractor to owner relationships. Contracts Covered: CCA 1.

A Time & Materials project is billed based on the number of hours worked, at the hourly, daily, or monthly fixed billing rates assigned for that project. A Fixed Bid project is billed using a flat amount, regardless of the number of hours worked.