Cost Plus Fee Construction Contract In Houston

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

Description

The Cost Plus Fee Construction Contract in Houston is designed for use between contractors and property owners for residential construction projects. This contract outlines the scope of work, including labor and materials required to complete the project, which is described in detail within the document. It allows for additional expenses due to soil conditions and specifies that the contractor will obtain necessary permits at the owner's expense. Key features include provisions for changes to the scope of work through written change orders and a cost structure where the owner pays for the actual costs of materials plus a specified service fee. It also includes late payment penalties and a warranty clause limited to workmanship defects for one year. The document is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants, providing clear instructions for the completion and modification of construction agreements, ensuring compliance with local laws, and minimizing potential disputes regarding scope, payment, and responsibilities.