Cost Plus Fee Contract Example In Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Fee Contract example in Hillsborough is designed for contractors and property owners to clearly outline the terms and expectations for construction projects. This document ensures that the contractor is compensated for the actual costs of materials plus an agreed-upon fee for their services, which offers flexibility in budgeting for owners. Key features include detailed sections on the scope of work, work site specifications, insurance requirements, and conditions regarding soil quality. Clear instructions on obtaining necessary permits and managing changes to the project's scope via written change orders are also highlighted. The contract stipulates consequences for late payments, providing protections for both parties. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it serves as a crucial tool in facilitating lawful agreements and protecting the interests of all parties involved. It offers a structured approach to managing construction projects, making it easier to navigate potential disputes and ensuring all parties understand their obligations.
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FAQ
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
