Construction Cost Plus With Showtime In New York
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Description
The Construction Cost Plus with Showtime in New York contract provides a detailed framework for construction agreements in New York. It outlines the scope of work, specifies the work site, and delineates responsibilities for permits and soil conditions. A key feature is the contractor's compensation structure, allowing for actual costs of materials plus a fixed fee. Owners can make changes to the project scope through written change orders, ensuring clarity and agreement on additional costs. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate and construction law. It serves to protect all parties involved by defining insurance requirements and payment terms, including late fees and warranties. Clear instructions on filling out the form guide users in detailing specific project plans, site conditions, and payment arrangements. This document facilitates an organized and legally binding agreement, minimizing disputes throughout the construction process.
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Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
