Contract Cost Plus Form With Two Points In Florida
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Description
The Contract Cost Plus Form with Two Points in Florida is a legal document designed to outline the terms and conditions under which a contractor will perform work for an owner. This form is particularly beneficial for users in the construction industry. It includes essential components such as the scope of work, work site description, permit requirements, and insurance obligations, which are critical for any construction project. Filling out this form requires clear specifications about the project, including details on materials and services for which the owner will compensate the contractor. Changes to the project can be managed through a written change order process, allowing for flexibility as needs arise. The contract emphasizes understanding soil conditions and outlines responsibilities associated with these conditions. Late payment fees and warranties are also addressed to protect both parties. This form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it helps them ensure compliance with Florida construction laws while safeguarding client interests.
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FAQ
A Time & Materials project is billed based on the number of hours worked, at the hourly, daily, or monthly fixed billing rates assigned for that project. A Fixed Bid project is billed using a flat amount, regardless of the number of hours worked.
