Home Fee Cost Plus Contract With Guaranteed Maximum In Nevada

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

Description

The Home fee cost plus contract with guaranteed maximum in Nevada is a legal document that outlines the agreement between the Contractor and the Owner regarding the construction of a residential project. This form includes key components such as the scope of work, work site specifications, necessary permits, and insurance requirements. It specifies that the Contractor will be compensated based on the actual cost of materials plus an additional fee, ensuring transparency and budget control for the Owner with a guaranteed maximum limit. The form also allows the Owner to make changes to the project scope, with the provision that any increase in costs will be covered by the Owner. Additionally, it addresses payment terms, late fees, and warranty conditions related to the work performed. This document is essential for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants as it provides a clear framework for construction projects, ensuring compliance with Nevada state laws while protecting the rights and responsibilities of all parties involved. Users can fill out the form by specifying their details, the project's scope, and payment structures, making it accessible for individuals with little legal experience.