Construction Contract Cost Plus With Example In Miami-Dade

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

Description

The Construction Contract Cost Plus form is designed for agreements between contractors and owners for construction projects, allowing for flexible pricing based on actual costs incurred by the contractor plus an additional fee. This form includes essential sections such as the scope of work, work site details, responsibility for permits, insurance requirements, and provisions for changes in scope. In Miami-Dade, an example might involve a contractor hired to build a residential property where costs can fluctuate based on material and labor expenses. Key features include a cost-plus billing method, which can help manage project timelines and budget flexibility, and explicitly assigns responsibility for soil conditions and permits. Attorneys, partners, owners, associates, paralegals, and legal assistants will find it useful for ensuring clear terms of engagement, protecting against potential liabilities, and establishing procedures for managing changes in project scope. Users can easily fill out and edit the form by personalizing sections such as the scope of work or payment terms while adhering to legal standards. The structured approach of this document aids in mitigating disputes, thus fostering smoother project execution.