Cost Plus Construction Contract Example In King
Category:
State:
Multi-State
County:
King
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract example in King serves as a comprehensive agreement between a Contractor and an Owner for specific construction projects. Key features include the clear definition of the scope of work, which details labor and materials required for construction. The contract stipulates the work site location, responsibilities regarding permits, and the contractor's liability concerning soil conditions. It emphasizes that any changes to the project must be documented through written change orders, ensuring transparency in costs. The Contractor's fee is structured as a cost-plus model, where the Owner pays for actual costs plus a fee. This contract also includes provisions for late payments, outlining penalties and collection costs. The utility of this form extends to various legal professionals, such as attorneys and paralegals, who need a reliable framework for construction agreements. It serves partners and owners by clarifying responsibilities and expectations, while legal assistants can benefit from its clear structure for documentation and compliance. Overall, this contract example is designed for practical application in construction law, ensuring fairness for both parties involved.
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FAQ
CCDC contracts are ubiquitous in the construction industry. They are used for all manner of different project types and sizes, so much so that familiarity with these documents is almost becoming required to do business in Ontario's construction industry. There are currently around 14 types of CCDC format contracts.
The CCA specifically handles documents affecting the contractor to sub-contractor relationships while the CCDC documents typically handle contractor to owner relationships. Contracts Covered: CCA 1.
