Cost Plus Fee Construction Contract In Fulton

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

Description

The Cost Plus Fee Construction Contract in Fulton is a comprehensive legal document that outlines the terms between a Contractor and an Owner regarding construction projects. This contract specifies the scope of work, permits, soil conditions, insurance requirements, and details regarding changes to the project. One key feature of this form is the payment structure, allowing the Owner to compensate the Contractor for actual costs of materials plus a specified fee, or a fixed fee, depending on the selected option. It also includes clauses for late payments, warranty limitations, and the need for written change orders for any modifications to the scope of work. This form is useful for various professionals in the legal and construction fields, including attorneys who may draft or review contracts, partners and owners overseeing project funding, and associates, paralegals, and legal assistants assisting with documentation and compliance. It serves to protect the interests of both parties while ensuring transparency and clarity in the construction process.