Contract Cost Plus Agreement With Example In Fulton

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

Description

The Contract Cost Plus Agreement with Example in Fulton outlines the responsibilities and expectations between a contractor and an owner during a construction project. This form specifies the scope of work, site details, permit responsibilities, insurance coverage, and contingencies for changes in the project. Key features include a cost-plus pricing model where the owner pays the contractor for the actual costs incurred for materials along with a predetermined fee, as well as a clear process for handling changes in project scope through written change orders. The form emphasizes the importance of written specifications for any additional work required due to soil conditions and provides structured payment terms, including late payment fees. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who engage in real estate or construction law. The clear language and structured format make it accessible for users with varying levels of legal experience, ensuring they can effectively utilize the agreement to manage contractor relationships and uphold legal standards.