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The Construction Contract Cost Plus with Example in Kings is designed to establish the terms between a contractor and an owner for the construction of a specified project. This type of contract outlines the contractor's right to be reimbursed for actual costs incurred in materials and labor plus an agreed-upon fee. Key features of this form include the detailed scope of work, work site specifics, permit responsibilities, and provisions related to changes in the project scope. Users should fill in essential information such as project descriptions, payment terms, and addresses accurately. It serves various audiences, including attorneys who draft and review contracts, partners involved in project decisions, owners who need clear guidelines for their construction projects, and paralegals and legal assistants who support the contract preparation and compliance process. Notably, the contract also addresses payment terms, late payment penalties, and warranty limits on workmanship, making it a comprehensive resource for all parties involved in construction.