The Construction Cost Contract Plus is a formal agreement between a contractor and an owner, specifically tailored for construction projects such as building a residence in Cuyahoga. This contract outlines essential aspects, including the scope of work, work site details, required permits, soil conditions, insurance responsibilities, and any changes to the original scope. Notably, the fee structure offers flexibility with options for cost-plus or fixed-fee schedules, depending on the preferences of the owner. The document also establishes payment terms, including late payment penalties and warranties on workmanship and materials. For attorneys, it serves as a foundational tool to ensure compliance with local regulations, while partners, owners, and associates benefit by solidifying project expectations and responsibilities. Paralegals and legal assistants can utilize this form to streamline contract preparation and ensure all necessary clauses are included for effective project execution. Overall, this contract is vital for anyone involved in the construction process in Cuyahoga, ensuring clarity and accountability.
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.
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Construction cost contract plus with example in cuyahoga pdf