Construction Fee Plus Form For Maintenance Fee In Franklin
Category:
State:
Multi-State
County:
Franklin
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Fee Plus Form for Maintenance Fee in Franklin is a vital document designed to outline the terms of engagement between a contractor and an owner for construction projects. This form details the scope of work, specifying labor and materials needed to complete a project, as well as the work site location. It stipulates that the contractor must secure necessary permits and addresses soil conditions and associated responsibilities. Notably, it provides payment structures, allowing for either a cost-plus or fixed fee agreement, ensuring clarity on financial obligations. The form also includes provisions for late payments, warranty conditions, and the necessity for written 'Change Orders' for any alterations to the project scope. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it serves to protect their interests by clearly defining responsibilities, liabilities, and payment terms in construction contracts, thus minimizing the risk of disputes.
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FAQ
Maintenance fees typically include: Maintenance and repairs to common property (hallways, elevators, parking area, amenities) Operating and service costs (like utilities, garbage and snow removal, window cleaning, etc.) Insurance. Management costs.
