Construction Cost Plus With Showtime In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Cost Plus with Showtime in Montgomery document is a contract that outlines the agreement between a contractor and an owner for the construction of a residential project. Key features include detailing the scope of work, responsibilities regarding soil conditions, and the necessity for securing permits. The contract specifies payment terms, allowing for a cost-plus payment structure where the owner pays the actual costs plus a fee for the contractor's services. Additionally, modifications to the scope require written change orders ensuring any cost increases are agreed upon. This form is particularly useful for attorneys, partners, and owners involved in construction as it provides legal grounding and clarity on liabilities and responsibilities. Paralegals and legal assistants can utilize this document for drafting and reviewing contracts, while associates may find it useful for understanding project costs and insurance obligations. Overall, this contract promotes transparency and protects the interests of both parties from initiation through completion.
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FAQ
A Fixed Bid project is billed using a flat amount, regardless of the number of hours worked. This flat amount can be applied to the project as a whole, or to each week or month of the project.
