Cost Plus Contract In Construction In Fulton
Category:
State:
Multi-State
County:
Fulton
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract in Construction in Fulton is a detailed agreement between a contractor and an owner, emphasizing key features such as the scope of work, work site specifications, permit acquisition responsibilities, and risk management related to soil conditions. This contract stipulates that the owner will compensate the contractor for actual material costs plus a base fee for their services, allowing for flexibility in project expenses. Owners can request changes to the project's scope through written change orders, acknowledging any resulting cost increases. The document also addresses payment timelines, late fees, and warranties for workmanship. This contract is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for construction projects, ensuring legal compliance and protecting the interests of all parties involved.
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