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The Contract Cost Plus Form with Cost of Goods Sold in King is designed for construction projects, allowing the Owner to agree to compensate the Contractor for the actual cost of materials plus an additional fee for services. This form includes detailed sections outlining the scope of work, work site, permits, soil conditions, and insurance requirements, ensuring both parties are aware of their responsibilities. It also specifies procedures for changes to the scope of work through written Change Orders, ensuring that any additional costs are agreed upon. The form provides clear instructions for filling out the Contractor's fee section, allowing for both cost plus and fixed fee arrangements. Applicable to attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a comprehensive agreement that minimizes dispute risks associated with construction projects. It emphasizes clarity in payment terms and provides a framework for addressing late payments and defaults. The warranty clause limits the Contractor's liability to defects in workmanship for one year while transferring manufacturers' warranties to the Owner.