Construction Contract Cost Plus Withholding In Mecklenburg
Category:
State:
Multi-State
County:
Mecklenburg
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract for Cost Plus Withholding in Mecklenburg is designed to outline the terms between the Contractor and Owner regarding construction services. It details the scope of work, the responsibility for obtaining permits, and the conditions related to soil and insurance liabilities. The form allows for changes to be made during the project through written Change Orders, specifying that any additional costs resulting from these changes are the Owner's responsibility. The cost structure can be based on actual expenses plus a flat fee or a fixed fee, providing flexibility for both parties. Late payment terms, including a charge for late payments and possible attorney fees for collection, are also included. This contract effectively protects both the Contractor and the Owner by setting clear expectations and responsibilities. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure compliance with local regulations while safeguarding their interests in construction projects.
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