The Contract Cost Plus Form with Cost of Goods Sold in Harris is a vital document for structuring agreements between contractors and owners for construction projects. This form outlines the scope of work, including necessary materials and labor, and addresses critical elements such as permits, insurance, and liability. Users can specify either a cost-plus arrangement, where the owner pays for actual costs plus an additional fee, or a fixed fee agreement. It contains provisions for changes to the scope of work, necessitating written change orders for any modifications. This form is essential for attorneys, partners, and business owners to ensure clear communication and accountability between parties involved. Paralegals and legal assistants can use this form to facilitate smooth transactions and navigate regulatory requirements in construction projects. The document emphasizes the importance of detailed specifications and contingency planning for unforeseen conditions, safeguarding both parties involved in the contract.
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).
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