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Construction Contract for Home - Fixed Fee or Cost Plus

Contract Cost Plus Agreement For Construction In Miami-Dade

Category:

Construction - Contractors

State:

Multi-State

County:

Miami-Dade

Control #:

US-00462

Format:

Instant download

Description

The Contract Cost Plus Agreement for Construction in Miami-Dade outlines a formal agreement between a contractor and an owner regarding the construction of a specified project. Key features include a detailed scope of work, specifications for the work site, and stipulations regarding permits and soil conditions. The form emphasizes the contractor's responsibility for maintaining insurance and conducting necessary surveys before construction. An essential part of the agreement is the contractor's fee structure, where the cost is based on actual expenses plus an additional sum or a fixed fee. The document also addresses the process for changes to the scope of work, including how costs are calculated, and includes provisions for late payments and warranty terms for the workmanship. This agreement is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in construction projects, ensuring clarity and legal compliance while protecting all parties' interests.

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FAQ

Chapter 558 of the Florida Statutes broadly governs “construction disputes.” The Statute generally requires that owners (i.e., associations) provide a pre-suit notice to developers, contractors, subcontractors, material suppliers and/or design professionals before the commencement of legal action against any of the ...

Generally, all construction contracts in Florida must contain are required to disclose the contractor or subcontractor's registration number issued by the Florida DPBR; if required. Furthermore, all construction contracts should also include a construction defect notice and opportunity to cure provisions.

There are three elements that must be present for a contract to exist: offer, acceptance and consideration. The first step to a contract is an offer. An offer is a written or spoken statement by one of his or her intention to be held to a commitment upon acceptance of the offer.