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The Contract Cost Plus Form With 2 Points In Houston is designed to clearly outline the responsibilities and expectations between the Contractor and the Owner for a construction project. This form emphasizes the cost-plus pricing model, where the Owner agrees to pay the actual cost incurred by the Contractor for materials plus an additional fee for services. Key features include detailed sections on the scope of work, work site, permits, and insurance requirements, ensuring compliance with local regulations. The instructions for filling and editing the form highlight the importance of documenting any changes to the work scope through written Change Orders to manage costs effectively. This form is particularly useful for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants who need to establish clear legal agreements in construction projects. It provides a structured approach to managing project costs and responsibilities, which helps protect both parties' interests in the event of disputes. Additionally, the form allows for customization to meet the specific needs of the project, making it a flexible tool for legal and construction professionals.