Home Fee Cost Plus Contract Formula In Florida
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Description
The Home Fee Cost Plus Contract Formula in Florida outlines the agreement between a contractor and an owner for construction services. It includes key features, such as the scope of work, site conditions, and insurance requirements. The document specifies a cost plus model where the owner pays for the actual costs of materials plus an additional fee for contractor services. Filling instructions highlight the need to clearly define the project location, changes to the scope of work, and payment terms. The form is particularly useful for attorneys, partners, and owners in ensuring proper compliance with Florida regulations. Paralegals and legal assistants can benefit from the structured format for easy editing and filing. With clear sections for various elements of the contract, it supports clarity and avoids misunderstandings. Additionally, the contract sets guidelines for managing late payments and warranties, making it a comprehensive tool for construction-related legal matters.
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