Home Fee Cost Plus Contract Format In Massachusetts

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

Description

The Home Fee Cost Plus Contract format in Massachusetts is a legal document that outlines the agreement between a contractor and an owner for the construction of a residential project. This document details the scope of work, work site specifications, permit responsibilities, and any additional expenses related to site conditions. A key feature is the cost plus payment structure, where the owner pays the contractor for actual material costs plus a predetermined fee. It is crucial for users to provide written change orders for any modifications to the project scope, ensuring clarity and agreement on changes and associated costs. The document emphasizes the contractor's responsibility for obtaining necessary permits and maintaining appropriate insurance. It's particularly useful for attorneys and paralegals managing construction contracts, as well as owners and contractors needing clear guidelines on their obligations. By utilizing this form, users can avoid miscommunication and legal disputes, ensuring a smoother construction process.