Cost Plus Contract For Construction In Mecklenburg

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

Description

The Cost Plus Contract for Construction in Mecklenburg outlines the agreement between a contractor and an owner for the construction of a residential project. This contract specifies the scope of work, which includes all labor and materials as detailed in attached plans and specifications. It establishes the work site location and authorizes the contractor to begin excavation and grading, subject to local permits that the contractor is responsible for obtaining. The contract states that any additional site work due to soil conditions is the owner's responsibility. It includes provisions for insurance, requiring the contractor to maintain liability and workers' compensation insurance. The owner may request changes to the project scope, which must be documented by a written change order, and the owner agrees to cover additional costs resulting from these changes. A key feature is the cost plus arrangement, where the owner pays the actual cost of materials plus a specified fee for the contractor's services. This contract is essential for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in construction projects, offering clear guidelines for responsibilities and financial commitments while ensuring compliance with local laws.