Cost Plus Contract For Construction In Middlesex
Category:
State:
Multi-State
County:
Middlesex
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract for Construction in Middlesex is a legal document that outlines the terms between a contractor and an owner for a construction project. This contract specifies that the owner will pay the contractor for actual costs incurred for materials, plus an additional fee for services rendered. Key features include the scope of work, work site details, permit procurement responsibilities, and handling of soil conditions. It also addresses changes to the scope of work through written change orders and establishes payment processes, including provisions for late payments. The utility of this form is significant for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for construction agreements, ensuring that all parties understand their responsibilities and liabilities. Additionally, it protects the owner's interests while providing flexibility for contractors in managing project costs and adjustments.
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