Contract Cost Plus Agreement With Us In Ohio

State:
Multi-State
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

The Contract Cost Plus Agreement with us in Ohio is a legal document outlining the terms under which a contractor will provide labor and materials for a construction project. This contract specifies the scope of work, the work site, and the responsibilities for permits and soil conditions. It allows for modifications through written 'Change Orders,' which may increase project costs. The contractor is compensated based on actual costs plus a predetermined fee, or through a fixed fee structure. It also addresses late payments and establishes a warranty for workmanship. This form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it clearly delineates responsibilities and financial obligations, ensuring clarity and fostering trust in contractual relationships. Users can easily fill out the required sections and modify terms as necessary, making it a versatile tool for managing construction agreements.
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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

To form a contract you must have an offer, acceptance, and valid consideration.

Ohio's Prompt Payment laws require payments to material suppliers within 10 days after their hiring party receives payment.

Section 153.67 | Announcing contracts available for professional design or design-build services. Each public authority planning to contract for professional design services or design-build services shall publicly announce all contracts available from it for such services.

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.

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Contract Cost Plus Agreement With Us In Ohio