Sample Of Cost Plus Contract For Construction In Georgia
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The Sample of Cost Plus Contract for Construction in Georgia is a comprehensive legal document designed for construction agreements between a contractor and an owner. This contract outlines the scope of work to be performed, which includes detailed specifications and plans that both parties must approve. It emphasizes that the contractor will bear the costs for labor and materials, with compensation structured as the actual cost of materials plus an agreed-upon fee for services rendered. Key features include provisions for obtaining necessary permits, addressing soil conditions, insurance requirements, and processes for making changes to the project scope. The document also stipulates payment terms, including late fees and warranty conditions. This form is particularly useful for attorneys, partners, and owners involved in construction projects, as it provides a clear framework for managing expectations and responsibilities, thus reducing potential disputes. Paralegals and legal assistants can efficiently fill out and edit this contract by ensuring that all specified details are accurately included, while also familiarizing clients with the document's terms and implications.
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Addition (usually signified by the plus symbol +) is one of the four basic operations of arithmetic, the other three being subtraction, multiplication and division. The addition of two whole numbers results in the total amount or sum of those values combined.
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
