Cost Plus Construction Contract Example In Harris

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

Description

The Cost plus construction contract example in Harris is a formal agreement detailing the responsibilities and expectations between a Contractor and Owner for a construction project. Key features of the contract include a clear scope of work, identification of the work site, and procedures for obtaining necessary permits. The Contractor is not liable for soil conditions at the work site, emphasizing the Owner's responsibility to assess such conditions. Insurance requirements, including general liability and workers' compensation, are outlined to protect both parties. The contract allows for changes to the project scope through written Change Orders, specifying that any additional expenses incurred will be covered by the Owner. A notable feature is the Cost plus structure; the Owner agrees to pay the actual costs of materials plus a predetermined fee for services. Clear terms regarding late payments and Contractor warranties are also included. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a comprehensive framework for construction agreements, minimizing disputes and clarifying obligations.