Contract Cost Plus Form With Example In New York
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Description
The Contract Cost Plus Form is designed for construction projects in New York, allowing owners to pay contractors for the actual costs of materials plus a fixed sum for services. This form is beneficial as it provides clear guidelines for project scope, site conditions, insurance, and payment terms. Key features include clauses on permits, soil conditions, and warranty limitations, which ensure that both parties understand their responsibilities. The form allows for changes to the project scope through written change orders, accommodating any adjustments needed during construction. For filling, users should enter project specifics, including contractor fees and payment schedules in the designated sections. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it clarifies contractual obligations and protects the interests of both contractors and owners in construction agreements.
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