The Home Fee Cost Plus Contract with Construction Company in Harris is a legal agreement between the contractor and the owner, detailing the construction of a residence as per selected plans and specifications. Key features include a defined scope of work, work site identification, permit obligations, and soil condition responsibilities. The contract establishes that the owner is liable for additional costs arising from either site work due to soil conditions or changes in the project scope, which must be documented through written change orders. Payment terms include a cost plus structure where the owner pays for actual material costs plus a predetermined fee, as well as provisions for late payment penalties. This form also outlines warranties limited to workmanship defects appearing within one year. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this document to clarify rights and responsibilities in contractual arrangements, ensure compliance with local regulations, manage project costs effectively, and protect all parties involved from misunderstandings or unexpected liabilities.
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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