Contract Cost Plus Form Template For Purchase Order In Hillsborough

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

Description

The Contract Cost Plus Form Template for Purchase Order in Hillsborough facilitates clear agreements between contractors and owners for construction projects. This contract outlines essential details including the scope of work, location, permits required, and the responsibilities of both parties regarding soil conditions and insurance. Key features include the stipulation for changes to work scope via written ‘Change Orders’ and options for compensation, either based on actual costs plus a fee or a fixed fee. Users are instructed to ensure that all necessary specifications are adequately described and to obtain a boundary survey and title opinion before construction starts. This form is particularly useful for attorneys, corporate partners, owners, associates, paralegals, and legal assistants as it ensures clarity and legality in hiring contractors while protecting the owner from unexpected costs. Additionally, it provides a structured outline for payment schedules and warranties, helping owners understand their financial obligations. Overall, this contract template serves as a critical tool for maintaining professionalism and legal compliance in construction agreements.