Home Fee Cost Plus Contract With Guaranteed Maximum 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 guaranteed maximum in Kings is a structured agreement between a Contractor and an Owner for the construction of a residence. This form outlines the scope of work, including materials and labor required for the project, and specifies that the Owner must pay the Contractor for actual costs plus a predetermined fee. Key features include provisions for obtaining necessary permits, managing soil conditions, and detailing contractor responsibilities regarding insurance. Users can make changes to the scope of work through written change orders, which may affect project costs. The contract includes late payment terms and a warranty on workmanship for one year. This form is particularly useful for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants, as it provides a clear framework for legal responsibilities and financial management in construction. It facilitates effective communication and safeguarding interests during the contracting process.
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