Cost Plus Construction Contract Example In Minnesota

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

Description

The Cost Plus Construction Contract example in Minnesota is a legal document that outlines the agreement between a contractor and an owner for construction work. This contract specifies that the owner will pay the contractor for the actual costs incurred for materials plus a predetermined fee for services. Key features include the scope of work, work site details, permit responsibilities, and insurance requirements. The form emphasizes the contractor's responsibility for obtaining necessary permits and clarifies that the owner bears additional costs related to unforeseen soil conditions. It also allows for changes to the project's scope through written change orders, ensuring that all parties are aware of additional costs. Filling and editing the form involves completing sections for the contractor's fees, project details, and definitions of responsibilities. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear structure for construction agreements, minimizing disputes and ensuring compliance with local regulations.