Contract Cost Plus Form With Two Points In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Form with Two Points in Montgomery is designed to outline the responsibilities of the Contractor and Owner in a construction project. This form includes critical sections such as the scope of work, work site details, permit responsibilities, and changes to the scope of work. It adopts a cost-plus approach, ensuring the Owner pays the actual cost incurred by the Contractor plus a specified fee, or alternatively a fixed fee can be agreed upon. The form instructs that any changes during the construction require a written Change Order, which will adjust costs accordingly. Specific provisions are included regarding late payments and warranties, securing the interests of both parties in the event of disputes. For attorneys, partners, and legal assistants, this form serves as a comprehensive framework that simplifies the construction contract process, ensuring clarity and legal protection. It aids paralegals and associates in understanding fundamental contractual obligations, providing reference for cost management and compliance with local regulations. As such, it is integral for those involved in the construction law process in Montgomery.
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Contract Types Comparison Party 1 offers Unilateral Services or goods that the other party requested, usually in an open request Implied Services or goods Express Anything Simple Something of value to the other party9 more rows •
