Contract Cost Plus Form For Construction In Fairfax

State:
Multi-State
County:
Fairfax
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

This form is a Construction Contract. The form contains the following subjects: scope of work, work site, and insurance. The contractor's warranty is limited to defects in workmanship within the scope of the work performed by the contractor.


What is a Construction contract agreement?


If you’re planning to build, renovate or reconstruct your house, you will need to enter into a contract for home construction with the building contractor, defining your mutual rights and responsibilities. This agreement contains project specifics, the contractor’s license and insurance details, the requested scope of work, etc. It may also determine the potential lien on the property should the work not be paid in full.


Types of construction contracts


Depending on the payment arrangements determined by parties, there are four basic types of home builders’ contracts:


1. Fixed price (or lump-sum) agreements set the price for the completed job right from the start. Although fixed, the document may also include provisions defining penalties (for example, if the constructor fails to finish the work on schedule).


2. Cost plus construction agreements set the price for the finished work based on building materials and labor with additionally mentioned “plus” (a percentage of the total costs or a fixed fee).


3. Time and material agreements set the price for the work without a “plus,” but the client pays the contractor a daily or hourly rate while they are under contract.


4. Unit-price agreements are standard in bidding, particularly for federal building projects. Both owner and contractor define the price that the contractor charges for a standard unit without any specific extra fees for other units.


The first two types of contract for home construction mentioned are the most popular ones. Let’s take a closer look at them.


Fixed price vs. cost-plus contract benefits


The fixed price agreement benefits owners more than builders, as it determines at the moment the parties seal the deal the exact price the contractor will get after they complete all the work. Builders risk not getting the estimated profits they initially anticipated, as expenses may increase significantly but remain the constructor’s responsibility.


The cost-plus construction deal contains the evaluation of the final project cost; however, it doesn’t determine the final contract price until the contractor completes all the work. Unlike the fixed-price agreement, it separates expenses and sets the profit rate (as a percentage of the final project cost or as a flat amount), so contractors prefer this type of agreement; it is riskier for homeowners.


Information you should provide in the construction contract agreement


The presented Construction Contract for Home is a universal multi-state construction contract template. This sample describes typical terms for a home building contract. Download a printable document version from our website or amend and fill it out online. Make sure to provide the following information:


• Name and contact details of the contractor and their license number;


• Name and contact details of the homeowner;


• Property legal description from county clerk’s records;


• Project description with blueprints and building specifications;


• Scope, description of work, and its estimated final dates;


• Costs of work and responsibilities of parties for any breach of contract.

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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

The Conservation Agreement is made between the County and the property owners to ensure proposed measures of conservation are established. This agreement must be signed and notarized by all property owners and is verified by using the County's Tax Records.

On a single-family house, most routine work does not require a permit. You can: Paint, add or replace carpet, tile or hardwood floors, replace cabinets, and even replace paneling and drywall without a permit. Replace your windows and doors, as long as you don't change the size of the opening in the wall.

So the information here is what is happening now. You can always check with your local permit office for current approval times. For a typical project in Fairfax County (public utilities, no RPA or Flood Zone, no full geotech report required, etc), you can expect your permit to be approved in 4 – 8 weeks.

Structures over 256 square feet in size require a building permit. Also, most plumbing or electrical lines that are run to a structure require trade permits.

Permits are required for the construction of a new building, shed, deck, additions, or renovations to existing structures.

A building permit is required for all new residential, commercial, and industrial construction – including alterations and equipment installations in Fairfax County.

Permits are typically required for the following projects: alterations to existing commercial structures; commercial structures; carport enclosures; decks; demolition; electrical systems; finished basements; garages and sheds; HVAC systems; mobile homes; plumbing systems; pools, spas and hot tubs; renovations; ...

Area codes 703 and 571 are telephone area codes in the North American Numbering Plan (NANP) for Northern Virginia, including the independent cities of Alexandria, Fairfax, Falls Church, Manassas, and Manassas Park, as well as all of Arlington and Fairfax counties and parts of Fauquier, Loudoun, and Prince William ...

General questions? Contact us! 703-FAIRFAX (703-324-7329) (phone, email and social media) is a contact center for general questions from 8 a.m. to p.m., Monday to Friday. More specific questions?

To reach the city government, call 703-385-7800. Click here for a department list. If you are seeking public records, please email to FOIA@fairfaxva.

More info

Fairfax County Public Schools is currently requesting prequalification applications from general contractors for forthcoming Capital Improvement Projects. The Contract between the parties is set forth in the "Contract.Documents" which consists of this Agreement, the Drawings and. Manage your construction projects with transparency using this cost-plus construction contract template, which outlines fees, expenses, and payment terms. This is a cost-plus construction contract template that outlines the responsibilities and terms for a construction project between a contractor and owner. Utilize our free and well-structured cost-plus construction contract to establish and manage a harmonious working relationship on projects for all parties. The Contract between the parties is set forth in the "Contract. Documents," which consist of this Agreement, the Drawings and. GSA establishes the maximum CONUS (Continental United States) Per Diem rates for federal travel customers. We are a nationwide firm of planning, design, and construction professionals.

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Contract Cost Plus Form For Construction In Fairfax