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The Cost Plus Construction Contract with example in Houston outlines the agreement between a contractor and owner regarding the construction of a project. This form highlights key features such as the detailed scope of work, the site location, and the responsibility for permits and insurance. It specifies that the owner will pay the actual costs incurred by the contractor for materials, plus a predetermined fee for services rendered. The contract also allows for change orders to be made in writing, with the owner agreeing to cover any resultant cost increases. Additionally, it establishes late payment penalties and warranty limitations, providing clarity on responsibilities and expectations. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a structured agreement that clearly defines all parties' obligations while also offering flexibility for changes. Filling and editing instructions include ensuring all sections are completed accurately, especially regarding payment terms and project specifics. It's beneficial for managing residential construction projects efficiently in the Houston area.