Contract Cost Plus Form With Two Points In Fulton
Category:
State:
Multi-State
County:
Fulton
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Form with Two Points in Fulton serves as a comprehensive agreement between a contractor and owner for construction services. This form outlines the scope of work, including labor and materials, to construct a residence based on specified plans. Key features include provisions for obtaining necessary permits, the contractor's responsibility for insurance, soil condition liabilities, and the process for making changes to the work scope through written change orders. It also details the cost structure, allowing for either a cost-plus arrangement or a fixed fee, along with late payment penalties. The contractor’s warranty is limited to defects that arise within a year of completion. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate or construction law, providing clear guidelines for roles and responsibilities. Users can fill and edit the form by inserting specific project details, ensuring alignment with local regulations.
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FAQ
Definition. A contract where the contractor recovers actual costs incurred for completed work.
