Cost Plus Contract For Renovation In Massachusetts

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

Description

The Cost Plus Contract for Renovation in Massachusetts is a formal agreement allowing a contractor to charge the actual costs of materials and labor incurred during the project, plus an additional fee for services rendered. This contract outlines important aspects such as the scope of work, work site specifics, and the requirement for permits and insurance coverage. The contractor is not liable for soil conditions at the work site, and any additional work due to such conditions becomes the owner's responsibility. Furthermore, the owner has the option to make changes to the scope of work through written change orders, which may incur additional costs. Key instructions include filling out project details and payment terms, which can be based on actual costs incurred or a fixed fee. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who require clear contractual guidelines for renovation projects. It simplifies communication between the parties and ensures that both contractor and owner understand their obligations and rights.