Contract Cost Plus Form Template For Contract In Houston

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

Description

The Contract Cost Plus Form Template for Contract in Houston is designed to facilitate agreements between contractors and owners for residential construction projects. This form outlines the scope of work, work site location, and required permits, ensuring that both parties have a clear understanding of their responsibilities and expectations. Key features include provisions for changes to the scope of work through change orders, cost calculation, and payment agreement structures, specifically highlighting both cost-plus and fixed fee options. Users are guided on the requirement for obtaining necessary permits and addressing soil conditions, emphasizing the contractor's responsibilities and liabilities. Additionally, it includes insurance obligations for the contractor and warranty limitations. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in contract negotiation and drafting. It offers clarity on payment terms, including late fees and collection costs, which are essential for maintaining project financial health. Overall, this template serves as a comprehensive tool for legally formalizing construction agreements in the Houston area.