Construction Cost Plus With Cost-plus Pricing In Fulton

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

Description

The Construction Contract outlines the agreement between the Contractor and the Owner for a construction project in Fulton using a cost-plus pricing model. The contract specifies the scope of work, work site, and the responsibility for obtaining necessary permits. It clarifies that soil conditions are the Owner's responsibility and outlines the required insurance coverage. The contract allows for changes to the scope of work through written Change Orders, which may incur additional costs. The payment structure includes the actual cost of materials plus a specified fee for the Contractor's services. The contract stipulates late payment penalties and limits the Contractor's warranty to workmanship defects for one year. This form serves as a crucial resource for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants, ensuring clarity in contractual obligations and financial responsibilities while establishing a structured framework for construction projects.