Construction Cost Plus With Cost-plus Pricing In Hennepin

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

Description

The Construction Contract form is designed to facilitate a cost-plus pricing arrangement for construction projects in Hennepin. It outlines the responsibilities of the Contractor and Owner, including the scope of work, work site details, and necessary permits. Key features include a clear section for specifying the cost-plus fee, detailing the actual costs plus an agreed sum for Contractor services. The contract also stipulates conditions regarding soil assessments, insurance requirements, and title verification to ensure compliance with local regulations. Additionally, it provides a mechanism for the Owner to request changes to the work, requiring written Change Orders and accepting associated cost increases. Target users such as attorneys, partners, owners, associates, paralegals, and legal assistants will find this form beneficial for clear communication and legal protection in construction agreements. Filling and editing instructions highlight the need to specify costs and obtain all necessary documentation prior to contract execution, ensuring a comprehensive and legally sound agreement.