Cost Plus Contract And Gst In Hennepin

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

Description

The Cost Plus Contract and GST in Hennepin document outlines the agreement between a Contractor and Owner for construction projects. It specifies the scope of work, the work site, insurance requirements, and the contractor's fee structure, allowing for a cost plus model where the owner pays actual material costs plus a set fee for services. The form highlights the importance of obtaining necessary permits and addresses soil conditions that could affect project costs. Change orders allow owners to modify the scope of work, with the understanding that any increase in costs will be borne by the owner. The document also stipulates late payment penalties and warranty terms related to workmanship. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate and construction law, providing clear guidelines for managing financial obligations and project expectations.