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The Contract Cost Plus Form with Two Points in Cook serves as a structured agreement between a contractor and an owner for construction projects. This form outlines key components such as the scope of work, work site, permits, soil conditions, insurance requirements, and changes to the scope of work. It allows owners to agree to pay actual costs incurred by the contractor for materials plus a defined fee for services rendered. Notably, the form includes provisions for late payments and warranties on workmanship, clarifying expectations for both parties. Filling out the form correctly ensures adherence to legal standards and protects both parties' interests. To edit the form, users should replace placeholders with relevant project details and adjustments to financial terms based on negotiations. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects as it formalizes terms and can mitigate disputes over costs and expectations.