Construction Cost Contract Plus With Example In Montgomery

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

Description

The Construction Cost Contract Plus in Montgomery is a comprehensive legal document outlining the agreement between a contractor and an owner for construction services. This form includes essential sections such as the scope of work, work site details, permits required, insurance obligations, and payment structures. A key feature is the flexibility it offers for changes to the scope of work, requiring a written change order for modifications. The payment terms can be arranged as either a cost-plus or fixed fee basis, depending on the parties' agreement. It emphasizes the owner's responsibility for soil conditions and additional expenses related to those conditions. Late payment penalties and warranty information are also addressed, ensuring clear expectations for both parties. This contract is valuable for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured approach to defining construction project terms and managing legal risks. Users will find clear instructions for filling out the form and can easily edit it to meet specific project requirements.