Cost Plus Contract In Construction In New York

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

Description

The Cost Plus Contract in Construction in New York is a legal document that allows the contractor to be compensated for the actual costs of materials and a specified fee for their services. Key features of this form include a clear scope of work, the requirement for the owner to provide site specifications, and the contractor's responsibilities regarding permits and insurance. The form also outlines how changes to the scope of work are to be managed through change orders, ensuring all modifications are documented and agreed upon. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects, as it provides a transparent framework for cost management and risk allocation. Users should fill in specific details such as the project description, payment terms, and any additional costs incurred due to site conditions. The simplicity and clarity of the form make it accessible for those with limited legal knowledge while ensuring compliance with New York construction laws.