Construction Contract Cost Plus With Example In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract Cost Plus with Example in Maricopa is a detailed agreement between a contractor and an owner for the construction of a specific project. It outlines the scope of work, location of the project, necessary permits, insurance responsibilities, and conditions related to soil. A key feature is the cost plus structure, where the owner pays for the actual costs of materials plus a fee for contractor services, which must be clearly defined in the contract. This structure allows flexibility for changes in project scope, requiring written change orders, with the owner covering any additional costs. Filling out this form involves specifying details related to the project and the payment schedule. It is particularly useful for attorneys, partners, and legal assistants involved in real estate or construction law, as well as owners and associates who need to ensure clarity on project costs and responsibilities. This form aids in minimizing disputes during construction by clearly delineating responsibilities and payment terms, making it an essential tool for all stakeholders in a construction project.
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FAQ
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.
