Cost Plus Contract With Example In Fairfax
Category:
State:
Multi-State
County:
Fairfax
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract with Example in Fairfax serves as a construction agreement between a Contractor and an Owner for a residential project. This contract outlines the scope of work, worksite information, and the obligations of both parties, emphasizing the cost plus structure where the Owner pays the actual costs incurred by the Contractor plus an additional fee. Key features include the provision for obtaining necessary permits, managing soil conditions, and ensuring insurance coverage. Specific instructions for filling out the contract are provided, including details on payment structure based on the Cost Plus model. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law, as it clarifies roles and responsibilities, mitigates risk, and outlines procedures for changes and payment. It provides a standardized approach that can be adapted for different construction projects in Fairfax, making it a vital tool for legal and construction professionals alike.
Free preview
Form popularity
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.
