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The Contract Cost Plus Agreement format in Miami-Dade is a vital document that outlines the terms between a contractor and an owner for construction projects. This agreement emphasizes that the owner will cover the contractor's actual material costs, plus an additional fee for services rendered. It includes essential components such as the scope of work, work site details, insurance requirements, and the process for handling changes to the project. Specific filling and editing instructions guide users in accurately detailing project specifics, including any adjustments or unforeseen expenses. Additionally, it stipulates late payment penalties and warranty terms that protect both parties. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law, as they need a reliable framework for managing contractual obligations and ensuring compliance with local regulations. By utilizing this form, users can streamline construction agreements and reduce potential disputes.
Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).