Construction Cost Plus With Showtime In Massachusetts
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Description
The Construction Cost Plus with Showtime in Massachusetts form is designed for use in construction contracts, where payments are based on actual construction costs plus a predetermined fee. This contract clearly outlines the scope of work, the work site, and the responsibilities of the contractor and owner. Key features include the obligation for the contractor to secure necessary permits, manage unexpected soil conditions, and maintain adequate insurance coverage. Changes to the project scope require a written 'Change Order,' ensuring transparent communication regarding any adjustments to the initial agreement. This form also specifies contractor fees, including the cost-plus structure and provisions for late payments. Attorneys, partners, owners, associates, paralegals, and legal assistants may find this contract useful in facilitating construction projects, providing a framework for negotiations, and ensuring legal compliance. The form aids in minimizing disputes between parties by clearly delineating responsibilities and expectations, making it essential for effective project management and legal clarity.
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In Massachusetts, all clothing and footwear items at $175 or less are exempt from sales tax. Items above $175 are taxable at the statewide Massachusetts rate of 6.25%.
(e) Nontaxable sales. Sales of custom software, personal and professional services, and reports of individual information are generally exempt from Massachusetts sales and use taxes.
