Contract Cost Plus Agreement For Construction In Fairfax

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

Description

The Contract Cost Plus Agreement for Construction in Fairfax outlines the terms under which a contractor will provide services to an owner for residential construction projects. The document specifies essential elements such as the scope of work, work site details, permit responsibilities, and insurance obligations. A notable feature is the cost-plus structure, where the owner agrees to pay the actual cost of materials plus a specific fee for the contractor’s services. This agreement allows for flexibility, permitting the owner to change the project scope through written change orders. Additionally, it includes provisions for late payment charges and warranty limitations for contractor workmanship. Ideal for attorneys, partners, owners, associates, paralegals, and legal assistants, the form serves to clarify financial responsibilities and protect the interests of both parties. It offers guidance for documenting specifications, ensuring compliance with municipal regulations, and managing potential disputes.