Contract Cost Plus Form With Example In King
Category:
State:
Multi-State
County:
King
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Form with example in King is a construction contract that outlines the agreement between the contractor and the owner for a construction project. It specifies the scope of work, work site, insurance requirements, and conditions related to soil and permits. A key feature includes the 'Cost Plus' payment structure, where the owner agrees to pay the actual cost of materials plus a specified fee for the contractor's services. This form requires written Change Orders for any modifications to the scope of work and outlines late payment penalties. It serves various target audiences, including attorneys who draft and review contracts, partners and owners managing construction projects, associates who assist in contract negotiations, paralegals handling documentation, and legal assistants supporting the legal team. The form ensures clarity in the project execution process and provides a structured payment system, making it a valuable tool in construction management.
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