The Construction Cost Plus with Showtime in Palm Beach form is a detailed construction contract between a contractor and an owner. It outlines essential elements such as the scope of work, work site specifications, required permits, and conditions surrounding soil and site work responsibilities. A key feature of this contract type is its cost-plus provision, allowing the owner to pay for actual material costs in addition to a specified service fee, which can be crucial for budgeting flexibility. Parties may execute change orders during construction, with the owner responsible for any cost increases that arise from these changes. The contract includes provisions for insurance, late payment penalties, and a limited warranty on workmanship for one year. This form is particularly useful for attorneys, partners, and owners engaged in construction projects, as it ensures compliance with legal requirements and clarifies responsibilities. Associates, paralegals, and legal assistants may also utilize this document to facilitate contract negotiation and management, ensuring all parties understand their obligations. Overall, the form aids in preventing disputes by providing clear, enforceable terms for cooperation between contractors and owners.