We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use.
Click "here" to read our Cookie Policy. By clicking "Accept" you agree to the use of cookies. Read less
The Construction Cost Contract Plus Withdrawal in Kings is designed to formalize the agreement between a Contractor and an Owner regarding the construction of a specified project. This contract outlines essential elements such as the scope of work, work site details, necessary permits, and insurance requirements. It includes clauses addressing soil conditions and emphasizes that the Contractor is not responsible for pre-existing soil issues. The contract allows for changes to the scope of work through written Change Orders, which may affect the overall cost. Payment structures are flexible, permitting both cost-plus and fixed-fee arrangements. Furthermore, the contract stipulates late payment penalties and warranty limitations for workmanship defects. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate, construction law, or contract management, offering them a reliable framework to navigate construction agreements effectively.