Cost Plus Contract For Contractors In Georgia

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

Description

The Cost Plus Contract for Contractors in Georgia is a legal document outlining the agreement between a contractor and an owner for construction services. This contract allows the owner to compensate the contractor for the actual costs of materials and labor incurred during the project, plus an additional fee for contractor services. Key features include a detailed scope of work, responsibilities regarding permits, and provisions for changes to the project, which must be documented through written change orders. The contractor is not liable for soil conditions at the work site, which may incur extra costs for the owner. Additionally, the document includes clauses for insurance, late payment penalties, and warranties on workmanship lasting one year. This form is tailored for use by attorneys, partners, owners, associates, paralegals, and legal assistants who may need to draft or review construction contracts, ensuring compliance with state regulations and protecting client interests throughout the construction process.