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Construction Contract for Home - Fixed Fee or Cost Plus

Construction Fee Plus Form For Maintenance Fee In Florida

Q: What to do when a contractor doesn&#039;t finish the job in Florida?

What to Do if Your Contractor Doesn&#039;t Finish the Job: How to Handle Unfinished Contract Work Talk to Your Contractor. Keep Talking and Document Everything. Make a Definitive Decision. Tap Their Bond. Contact the Better Business Bureau. File a Suit in Small Claims Court. Hire an Attorney.

Category:

Construction - Contractors

State:

Multi-State

Control #:

US-00462

Format:

Instant download

Description

The Construction Fee Plus Form for Maintenance Fee in Florida is designed to facilitate agreements between contractors and property owners regarding construction projects. This form specifies the scope of work, work site, permit obligations, and insurance requirements, ensuring clarity and compliance throughout the construction process. Users can choose between a cost-plus or fixed-fee payment structure, allowing for flexibility based on project needs. Key features include provisions for owner-initiated changes, warranty details, and stipulations for late payments. Filling out the form involves entering specific details such as contractor and owner information, project descriptions, and payment terms. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who require an organized approach to managing construction contracts in Florida. By utilizing this form, professionals can better protect their interests, ensure compliance, and reduce potential disputes regarding construction fees and responsibilities.

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FAQ

Fixed costs are the expenses that do not change with the level of output or activity in a construction project. They are usually incurred before the project starts or are contractually agreed upon. Some examples of fixed costs are land acquisition, permits, design fees, insurance, taxes, and overhead.

The sale of a maintenance or service warranty contract, including an extended warranty, covering taxable tangible personal property is subject to sales tax and surtax.

General Rule: Most Services Are Not Taxable in Florida Florida stands apart from many other states when it comes to its philosophy on taxing services. Unlike the nearly automatic taxation of tangible goods (such as clothing, electronics, or furniture), most services within the state are not subject to sales tax.

Generally, when installing or repairing tangible personal property, parts and labor are taxable. If the job is “labor only” it is not taxable, but the repairer must document that no parts or other items were incorporated into or attached to the repaired item.

Tax-exempt goods Examples include most non-prepared food items, food stamps, and medical supplies. We recommend businesses review the laws and rules put forth by the Florida Department of Revenue and stay up to date on which goods are taxable and which are exempt, and under what conditions.

What to Do if Your Contractor Doesn't Finish the Job: How to Handle Unfinished Contract Work Talk to Your Contractor. Keep Talking—and Document Everything. Make a Definitive Decision. Tap Their Bond. Contact the Better Business Bureau. File a Suit in Small Claims Court. Hire an Attorney.

The sale of a maintenance or service warranty contract, including an extended warranty, covering taxable tangible personal property is subject to sales tax and surtax.