Contract Cost Plus Form Template With Percentages In Franklin

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

Description

The Contract Cost Plus Form Template with Percentages in Franklin is a detailed construction contract between a Contractor and Owner, outlining the responsibilities of both parties for a construction project. Key features include the scope of work to be completed, site conditions, permit requirements, and insurance obligations. The form allows for changes to the project's scope via written change orders, with the Owner agreeing to cover any increased costs associated with these changes. Importantly, the contract provides two payment options: a cost-plus model where the Owner pays the actual cost of materials plus a specified fee, and a fixed fee model with set payment terms. This template is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law, as it provides a clear structure for outlining responsibilities and costs while minimizing potential disputes. Users can easily fill in specific details such as project description, payment amounts, and site locations, making it adaptable to various construction projects.