The Cost Plus Construction Contract example in Mecklenburg outlines the agreement between a contractor and an owner regarding the construction of a residential project. Key features include detailed provisions for scope of work, site conditions, permits, insurance requirements, and change orders. The contract specifies that the owner will pay the contractor for the actual cost of materials plus an agreed-upon fee, providing flexibility in financial arrangements. It also includes instructions for securing necessary permits and determining soil conditions, clarifying the contractor's responsibilities. Target users, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form useful for ensuring compliance with local regulations, managing project expenses, and mitigating risk through clear terms and conditions. The inclusion of late payment clauses further aids in enforcing timely payments. Overall, the form serves as a comprehensive tool for managing construction projects effectively in the Mecklenburg area.
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
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How to fill out cost plus construction contract example in mecklenburg pdf
How to fill out cost plus construction contract example in mecklenburg free