Cost Plus Construction Contract Example In Hennepin
Category:
State:
Multi-State
County:
Hennepin
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract example in Hennepin is designed to facilitate effective agreements between contractors and owners for residential construction projects. Key features of this contract include a detailed scope of work, provisions for securing necessary permits, and clauses addressing soil conditions and insurance requirements. Specific filling and editing instructions guide users on how to accurately complete each section, ensuring clarity and mutual understanding of responsibilities. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects. They can utilize this form to negotiate terms, clarify project expectations, and safeguard their interests. Additionally, it allows for modifications to the project scope through written Change Orders, which helps manage costs effectively. The contract establishes clear payment structures, whether through cost plus or fixed fee arrangements, and outlines repercussions for late payments. Overall, it provides a reliable framework for successful construction management in Hennepin.
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