Home Fee Cost Plus Contract With Guaranteed Maximum In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home fee cost plus contract with guaranteed maximum in Maricopa is a comprehensive legal document designed for use in construction projects. It establishes the relationship between the contractor and the owner, detailing the scope of work, project site, and payment terms. Key features include provisions for obtaining permits, managing soil conditions, and maintaining insurance coverage. The form allows for changes in the scope of work through written Change Orders, ensuring flexibility in project management. Payment can be structured as either cost plus or fixed fee, with clear guidelines on late payments and warranties. This contract serves as a critical tool for attorneys, owners, paralegals, and legal assistants, providing a framework for clear communication and legal protection throughout the construction process. Users should follow filling instructions closely, ensuring all relevant details are accurately provided and understood to avoid disputes. The form is particularly useful for ensuring compliance with local regulations and managing expectations related to project costs.
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FAQ
Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and “Minimum Contract Value “means 10% of the Maximum Contract Value.
