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The Cost Plus Contract in Costing in Fairfax is a legal document that outlines the agreement between a contractor and an owner, specifying the contractor's payment structure based on actual costs plus a fee. This form is crucial for projects where the total cost may vary, offering flexibility and transparency in financial dealings. Key features include a detailed scope of work, provisions for changes in project specifications, and responsibilities regarding permits and site conditions. Users are instructed to provide specific project details and adjust the payment terms as per their needs. The contract also outlines late payment consequences and warranty terms related to workmanship. This form serves a diverse target audience including attorneys, partners, owners, associates, paralegals, and legal assistants, facilitating clear communication and legal protection throughout the construction process. Its structured format allows for easy filling and modification, ensuring that both parties' interests are adequately covered.