Home Fee Cost Plus Contract For Construction In King

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

Description

The Home Fee Cost Plus Contract for Construction in King outlines the agreement between the Contractor and the Owner regarding a construction project. Key features include a detailed scope of work, work site specifications, and provisions for necessary permits and soil condition responsibilities. The contract emphasizes the importance of insurance coverage for the Contractor while also outlining the process for changes to the project through written Change Orders. Notably, the cost structure allows for a cost-plus arrangement where the Owner pays the actual costs of materials plus an additional fee for services rendered. Additionally, provisions for late payment charges and warranty limitations are included to protect both parties. This form is invaluable for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction contract negotiations, ensuring clarity on financial responsibilities and legal obligations. Its clear wording makes it accessible for users with varying levels of legal experience.