Construction Fee Plus Form For Contractor In Illinois

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

Description

The Construction Fee Plus Form for Contractor in Illinois is a vital document crafted to outline the contractual relationship between a contractor and an owner for construction projects. It specifies the scope of work, including details about labor and materials needed, and establishes the work site location. The form mandates the contractor to secure necessary permits, placing the responsibility for soil conditions and additional site work on the owner. Additionally, it covers insurance obligations ensuring both parties are protected from potential liabilities. A critical feature is the 'Change Order' provision, facilitating modifications during the project, with corresponding cost adjustments outlined clearly. This form also includes payment structures for either a cost-plus or fixed fee agreement, along with provisions for late payment penalties and warranties related to workmanship. The target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form essential for ensuring compliance with legal requirements and protecting their respective interests. It promotes clarity in communication and project scope, making it easier to manage construction contracts effectively.