Cost Plus Contract For Construction In Orange
Category:
State:
Multi-State
County:
Orange
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract for construction in Orange is a detailed agreement between a Contractor and an Owner specifying the terms of a construction project. Key features include a clearly defined scope of work, the work site location, and the responsibility for obtaining necessary permits. The contract contains provisions regarding soil conditions, insurance requirements, and the need for a boundary survey and title opinion before construction begins. It allows for changes to the scope of work through written Change Orders, with additional costs borne by the Owner. The payment structure is defined as a 'cost plus' system, where the Owner pays actual costs plus a fee for services. Furthermore, the contract stipulates late payment penalties and specifies warranties related to workmanship and materials. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a structured format for legally binding agreements, helps outline responsibilities, and aids in mitigating potential disputes during the construction process.
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