Contract Cost Plus Form For Construction In Massachusetts

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

Description

The Contract Cost Plus Form for Construction in Massachusetts is a legally binding document between the Contractor and Owner, outlining the terms for the construction of a project. This form is particularly useful for agreements where the payment is based on the actual costs incurred plus an additional fee, allowing flexibility in managing project expenses. Key features include specifying the scope of work, work site location, permit requirements, and soil condition disclaimers. The form also addresses insurance obligations, the need for boundary surveys, and conditions for altering the scope of work through written Change Orders. For attorneys and legal assistants, this document provides essential structure for drafting enforceable contracts, while owners can utilize it to ensure they have a clear understanding of their obligations and rights. Partners and associates involved in real estate or construction can benefit from its organized approach to managing costs and changes. Additionally, paralegals will find it valuable as a template that can be tailored to specific projects, ensuring compliance with Massachusetts construction laws.