The Contract Cost Plus Form with Decimals in Franklin is a legal document designed for use when a contractor is engaged to perform construction work based on actual project costs plus a specified fee. It details the scope of work, the work site, and responsibilities concerning permits, soil conditions, and insurance obligations. The form allows flexibility for changes in the project scope through a formal Change Order process, ensuring any additional costs are clearly communicated and agreed upon by both parties. It stipulates payment terms, including provisions for late payments, which may incur additional charges. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate or construction projects, as it provides a systematic approach to manage construction contracts. Users are guided on how to fill in specific sections, like the cost to be paid for the contractor’s services, ensuring clarity in financial agreements and responsibilities. The form's structure allows for easy customization to fit unique project requirements while maintaining essential legal protections for both contractors and owners.
“Continuing Resolution” means an appropriation, in the form of a joint resolution, that provides budget authority for federal agencies, specific activities, or both to continue operation until the regular appropriations are enacted.
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