Cost Plus Contract In Project Management In Los Angeles

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

Description

The document is a construction contract outlining the terms of a Cost Plus contract in project management in Los Angeles. It details the responsibilities of the contractor and the owner, including the scope of work, work site specifications, and insurance requirements. Key features include the payment structure, where the owner agrees to pay the actual cost of materials plus a specified fee for contractor services. There are provisions for changes to the scope of work through written change orders, which may incur additional costs. The contract also specifies the owner's obligations regarding permits and insurance, as well as the process for handling late payments and warranties. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects, as it provides a clear framework for managing project costs and responsibilities, ensuring compliance with local regulations, and protecting all parties' interests.