Home Fee Cost Plus Contract With Contractor In Orange
Category:
State:
Multi-State
County:
Orange
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home Fee Cost Plus Contract with Contractor in Orange outlines the agreement between homeowners and contractors for construction services. This contract specifies the project's scope, including the nature of work, work site details, and permit responsibilities. It emphasizes that the contract involves a cost-plus structure, where the owner compensates the contractor for the actual project costs plus a predetermined fee. Key features include provisions for site conditions, insurance requirements, change orders, late payments, and warranty limitations. Attorneys, partners, and legal assistants can utilize this contract to ensure compliance with local regulations, while owners benefit from clear guidelines and protections throughout the construction process. Filling out the form involves detailing property descriptions, project scopes, and payment structures. This form is essential for maintaining transparency and accountability, particularly for those new to legal agreements in construction.
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FAQ
Every contractor I've worked with has taken 50% up front and 50% when the job is finished. This is normal. One thing I would recommend is you vet your contractor thoroughly--check reviews, make sure they have a legitimate website, testimonials etc...
