Contract Cost Plus Agreement With Us In Fairfax

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

Description

The Contract Cost Plus Agreement with us in Fairfax is a legal document that establishes the terms between a contractor and an owner for construction services. This form outlines the scope of work, including detailed plans and specifications, and specifies the work site where the project will be constructed. A key feature of this agreement is the cost-plus payment structure, where the owner agrees to pay for the actual costs of materials plus an additional fee for the contractor's services. It also includes provisions for permit procurement, insurance coverage, and responsibilities related to soil conditions. The form facilitates changes in the scope of work through written change orders, ensuring any additional costs are clearly documented. This agreement serves a broad audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, by providing a clear framework for contractor obligations and owner protections. Additionally, the form contains clauses regarding late payments, default terms, and warranty limitations, making it a comprehensive tool for managing construction projects responsibly.