Cost Plus Construction Contract With Example In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract is a customizable legal document designed for use in Maricopa that outlines the terms between a contractor and an owner for a construction project. It specifies the contractor's responsibilities, including providing labor and materials, obtaining necessary permits, and managing site conditions. Key features of the contract include the ability for the owner to request changes to the project scope, with associated costs being adjusted according to those changes. In this contract, the owner agrees to reimburse the contractor for actual costs incurred, plus a predetermined fee, which ensures clear financial understanding. Furthermore, it addresses insurance requirements, late payment penalties, and limited warranties relevant to construction defects. This form is particularly useful for attorneys who need to draft and finalize contracts, partners involved in construction management, owners commissioning construction work, associates towards project oversight, paralegals assisting in document preparation, and legal assistants in maintaining compliance and documentation. The contract provides a straightforward process for filling in project-specific details, making it accessible for users with varying levels of legal expertise.
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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.
