Contract Cost Plus Form With Cost In King

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

Description

The Contract Cost Plus Form with Cost in King serves as a comprehensive legal agreement between a contractor and an owner for a construction project. This form is designed to detail the scope of work, work site, permits, and insurance requirements. It includes provisions for changes in the scope of work through written Change Orders and outlines the contractor's fee, specifically incorporating a cost-plus method where the owner reimburses the actual costs plus a fixed fee for the contractor's services. The form also addresses insurance liabilities, soil conditions, and penalties for late payments. It is tailored to meet the needs of various legal professionals, including attorneys, partners, and associates, as well as paralegals and legal assistants, who require a structured and clear framework for construction-related contracts. Additionally, this form assists in reducing ambiguities in agreements and provides a solid basis for tracking project expenses and ensuring compliance with local regulations.