Construction Cost Plus With Showtime In Nassau
Category:
State:
Multi-State
County:
Nassau
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Cost Plus with Showtime in Nassau form is designed for use in residential construction projects where the contractor is compensated based on the actual costs incurred plus a specified fee. This form serves as a crucial document between the contractor and the owner, outlining the scope of work, including detailed plans and specifications. Key features include the contractor's obligation to apply for permits, handle soil conditions, and maintain necessary insurance. The form allows for changes in the scope of work through written change orders, ensuring flexibility while protecting both parties' interests. Detailed instructions guide users in filling out the payment structure, specifying whether a cost-plus or fixed-fee approach is selected. The form is particularly useful for attorneys, partners, and legal assistants in drafting and reviewing contracts to ensure compliance with local regulations. Owners and associates benefit from the clarity it provides in outlining responsibilities and potential liabilities, enhancing project management and mitigating risks during the construction process.
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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.
