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The Contract Cost Plus Agreement with example in Maricopa outlines a construction contract where the owner agrees to pay the contractor for actual costs plus a specified fee for services. This agreement is particularly useful for parties engaged in construction projects in Maricopa, as it offers flexibility in the financial arrangement. Key features include the defined scope of work, work site location, permits, and conditions related to soil. It allows for changes in the project's scope through written change orders, accommodating adjustments as needed. Instructions for filling out the form include specifying the contractor's fee and payment schedule. This form caters to a variety of users such as attorneys, partners, owners, associates, paralegals, and legal assistants, providing a clear framework for managing construction costs and responsibilities. It fosters clear communication about obligations, enhances accountability, and supports legal compliance with local regulations.
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.
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