Home Fee Cost Plus Contract With Guaranteed Maximum In Florida

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-00462
• Format: Word; Rich Text

Description

The Home fee cost plus contract with guaranteed maximum in Florida is a structured legal document that outlines the terms between a contractor and an owner for the construction of a residential project. Key features include defining the scope of work, securing necessary permits, and stipulating payment terms based on actual costs plus a fixed fee. The document clarifies responsibilities regarding soil conditions and shifts in the project’s scope, emphasizing that any changes must be documented through written change orders. Additionally, it specifies insurance obligations of the contractor and details penalties for late payments. This form is vital for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework to manage construction projects while ensuring compliance with local regulations and protecting all parties involved. Users can easily fill in necessary details such as the project scope and payment schedules, allowing for effective coordination and legal protection. Editing instructions are straightforward, ensuring that users customize the form to their specific needs while adhering to legal requirements.