Construction Cost Plus With Showtime In Maryland

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

Description

The Construction Cost Plus With Showtime in Maryland form outlines an agreement between a contractor and an owner for constructing a residence. It specifies the scope of work, work site, and the responsibilities related to permits and soil conditions. The contract emphasizes that the contractor must maintain insurance and obtain necessary permits, while the owner must provide a boundary survey and title opinion. A key feature is the inclusion of a cost-plus payment structure, where the owner pays for the actual costs of materials plus a predetermined fee for the contractor's services. This form allows for changes to the scope of work through written change orders, with costs adjusted accordingly. For legal professionals, such as attorneys, paralegals, and legal assistants, this form serves as a crucial tool in facilitating clear agreements in construction projects, ensuring compliance with local regulations, and protecting the rights of both parties involved. Additionally, the form's clarity and structure make it user-friendly for individuals with varying levels of legal knowledge.