Cost Plus Fee Contract Example In Nevada

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

Description

The Cost Plus Fee Contract example in Nevada provides a clear and structured agreement between a contractor and an owner for construction services. Key features include a detailed scope of work, work site specifications, and provisions for permits, soil conditions, and insurance responsibilities. It outlines the process for changes to the scope of work, including requirements for written change orders and payment adjustments based on those changes. The contract specifies the payment structure, allowing for either cost plus a fee or a fixed fee arrangement, tailored to the project's financing needs. Additionally, it includes terms for late payments and a warranty for defects in workmanship. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who may engage in construction projects or advise clients in the construction sector. Legal professionals can utilize this format to ensure compliance with state laws while protecting the interests of their clients. It serves as a vital tool for managing construction contract negotiations and ensuring clarity in project expectations.