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The Contract Cost Plus Form with 2 Points in Hillsborough is a construction agreement that outlines the responsibilities and expectations between a contractor and an owner regarding a specific construction project. Key features of this form include a detailed scope of work, requirements for permits, and stipulations about soil conditions. The owner agrees to compensate the contractor for actual costs incurred plus a predetermined fee, ensuring clarity in financial arrangements. Additionally, the form accommodates changes in scope, which must be documented through written change orders, providing a structured approach to project modifications. The utility of this form extends to various legal professionals, including attorneys and paralegals, who may assist clients in contract negotiations, ensuring all regulatory requirements are met. Owners benefit by having a transparent agreement that protects their interests while establishing clear payment terms. This form minimizes disputes by clearly defining responsibilities and liabilities for both parties.