Cost Plus Contract For Construction In Miami-Dade

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

Description

The Cost Plus Contract for construction in Miami-Dade outlines an agreement between a Contractor and an Owner for the construction of a residential project. Key features include defining the scope of work, the work site, necessary permits, and insurance requirements. The agreement emphasizes that the Owner is responsible for soil conditions and potential additional expenses arising from them. A significant component is the 'Cost Plus' pricing structure, where the Owner agrees to pay for the actual costs of materials plus a set fee for the Contractor's services. Moreover, it allows for changes to the scope of work through written Change Orders, ensuring any cost increases are agreed upon. This contract utility is particularly relevant for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects, as it provides a clear legal framework for managing responsibilities, costs, and potential disputes. Users must fill in specific details such as project scope, site address, and payment terms to tailor the contract to individual projects.