Cost Plus Contract In Building In Cuyahoga
Category:
State:
Multi-State
County:
Cuyahoga
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract in Building in Cuyahoga outlines the agreement between a contractor and owner for the construction of a project, specifying the scope of work, site details, and financial arrangements. Key features include provisions for obtaining necessary permits, detailing responsibilities regarding soil conditions, and ensuring appropriate insurance coverage. The unique cost plus structure allows the owner to pay for actual material costs plus a specified fee for contractor services, providing flexibility and transparency in pricing. This contract caters specifically to attorneys, partners, owners, associates, paralegals, and legal assistants by offering clear filling and editing instructions, including the need for written change orders for project modifications. Additionally, the contract details late payment penalties and warranty limitations, important for managing owner expectations. Its format promotes clarity and straightforward usage, making it accessible for users with varying legal experience.
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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.
