Cost Plus Contract For Construction In Minnesota

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

Description

The Cost Plus Contract for Construction in Minnesota is a legal form that outlines the agreement between a contractor and an owner regarding construction projects. This contract stipulates that the owner will pay the contractor the actual cost of materials plus a specified fee for services rendered. Key features include detailed scopes of work, site specifications, and provisions for changes to the work scope through written change orders. Filling out this form requires clear documentation of costs and careful attention to contract terms, especially concerning permits, insurance, and warranties. The contract also addresses soil conditions and the responsibilities of both parties concerning delays or additional costs. This form is particularly useful for attorneys, partners, and owners who are entering construction agreements, as it protects their interests by clarifying payment structures and obligations. Legal assistants and paralegals benefit from using this contract when preparing documentation or advising clients in the construction sector.