Home Fee Cost Plus Contract With Contractor In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home Fee Cost Plus Contract with Contractor in Kings is a construction agreement detailing the relationship between the contractor and the owner for a residential project. The contract outlines the scope of work, work site, permit responsibilities, soil conditions, and insurance requirements, ensuring clarity on the obligations of both parties. Notably, the cost structure allows owners to pay the contractor actual costs plus a specified fee or a fixed fee, offering flexibility in pricing. The contract includes provisions for changes in the scope of work, specifying that modifications must be documented through written change orders. It also addresses late payment penalties and warranties on workmanship and materials. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, providing them with a structured framework to facilitate construction projects while minimizing disputes. Users can fill in specific details such as the project description and payment terms, ensuring that the contract is tailored to their particular needs.
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FAQ
Every contractor I've worked with has taken 50% up front and 50% when the job is finished. This is normal. One thing I would recommend is you vet your contractor thoroughly--check reviews, make sure they have a legitimate website, testimonials etc...
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
The NEC4 Engineering and Construction Contract: the most frequently used contract from the NEC family which has been used on both high profile and every day projects such as infrastructure, buildings, highways and process plants.
