Construction Cost Contract Plus Withdrawal In Harris

State:
Multi-State
County:
Harris
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

The construction cost contract plus withdrawal in Harris provides a comprehensive framework for agreements between a Contractor and an Owner. This form outlines essential details such as the scope of work, site location, permits required, and insurance expectations. It emphasizes the Contractor's responsibility for standard excavation, while non-standard soil conditions are to be managed by the Owner, thus delineating liability clearly. The document also allows Owners to request changes to the project scope through written change orders, with corresponding costs to be agreed upon. Financial terms can be structured as either cost plus or a fixed fee, offering flexibility in contractor remuneration. Furthermore, the form outlines protocols for late payments and warranty limitations focused on workmanship. This contractual outline is particularly useful for legal professionals like attorneys and paralegals who require clear and enforceable agreements. Partners and owners can utilize this form to safeguard their interests during construction projects, while associates and legal assistants can benefit from the clarity it provides in managing contractual obligations.
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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

As a general rule, if the owner hired whoever drafted the construction plans, or if whoever drafted the faulty plans is an employee or agent of the owner, it is the owner who will be liable for defective plans.

Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).

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.

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Construction Cost Contract Plus Withdrawal In Harris