Construction Contract Cost Plus Withholding Tax In Palm Beach

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

Description

The Construction Contract for cost plus withholding tax in Palm Beach outlines an agreement between a Contractor and an Owner for the construction of a residence. It includes essential aspects such as the scope of work, the work site location, and the responsibilities of both parties regarding permits and soil conditions. The contract specifies that the Contractor must maintain appropriate insurance and obtain required permits, with costs associated being the Owner's responsibility. A significant feature of this form is the flexibility in payment structure, allowing for either a cost plus model or a fixed fee arrangement. Additionally, it provides guidelines for making changes to the scope of work through written Change Orders. The contract also addresses late payments and includes a warranty for workmanship defects limited to one year. This form serves a diverse audience, including attorneys and legal assistants, as it provides clear guidelines for drafting and understanding construction contracts, ensuring that all parties are aware of their obligations, rights, and financial implications in construction projects.