Construction Fee Plus Form With 2 Points In Hennepin
Category:
State:
Multi-State
County:
Hennepin
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Fee Plus Form with 2 Points in Hennepin outlines the contractual obligations between a Contractor and an Owner for residential construction projects. It provides a detailed agreement regarding the scope of work, including specific plans and specifications from the Owner, as well as the work site location and any necessary permits. Key features include the management of soil conditions, the Contractor's insurance requirements, and the process for changes to the scope of work, which must be documented through written Change Orders. This form also details payment structures, allowing for either cost-plus or fixed fee agreements, and specifies late payment penalties to ensure timely compensation. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in understanding their rights and obligations during construction projects, ensuring clear communication and accountability between parties involved.
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