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The Contract Cost Plus Form with Two Points in Miami-Dade is a vital legal document used in construction agreements that allows contractors to be reimbursed for actual costs incurred plus an additional fee. This form clarifies the scope of work, work site details, and outlines the responsibilities of both the contractor and the owner in relation to permits, soil conditions, insurance, and changes to the project scope. Users must complete specific sections that detail the agreed-upon fees and payment terms. Primarily, the form is suited for legal professionals such as attorneys, partners, owners, associates, paralegals, and legal assistants who facilitate construction projects or legal compliance. This form serves as a comprehensive guide to managing financial risks and liabilities associated with construction work, ensuring transparency in expense handling. It is crucial for users to carefully fill in all required fields and consider any state-specific regulations. Furthermore, users are advised to retain copies of all change orders and communications related to modifications for record-keeping and dispute resolution.
Contract Types Comparison Party 1 offers Unilateral Services or goods that the other party requested, usually in an open request Implied Services or goods Express Anything Simple Something of value to the other party9 more rows •