Sample Of Cost Plus Contract For Construction In Ohio

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

Description

The Sample of cost plus contract for construction in Ohio provides a structured agreement between a Contractor and an Owner for residential construction projects. This form outlines the scope of work, including labor and materials required, and details the responsibilities regarding permits, soil conditions, insurance, and boundary surveys. The cost of the project is determined based on actual costs for materials plus a defined service fee, allowing for flexibility as changes arise during construction. Owners have the option to modify the scope through written Change Orders, ensuring that any additional costs are communicated clearly. This contract also specifies late payment penalties, warranty limitations, and indemnification clauses for insurance coverage. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in construction law, providing a foundation for clear communication and understanding of responsibilities among parties involved. It simplifies the process of drafting construction contracts and helps parties navigate complex legal obligations efficiently. Legal professionals can utilize this form to ensure compliance with Ohio construction laws and protect the interests of their clients.