Cost Plus Contract For Construction In Palm Beach
Category:
State:
Multi-State
County:
Palm Beach
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract for Construction in Palm Beach outlines a formal agreement between a Contractor and an Owner for residential construction projects. Key features include the scope of work, work site descriptions, responsibilities regarding permits and soil conditions, and insurance obligations. This contract allows for flexibility in project costs, as the Owner agrees to cover the actual cost of materials plus a set fee for services rendered. The document includes provisions for changes to the scope of work through written Change Orders and specifies payment terms, including late payment penalties. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear structure for construction projects, ensuring all parties understand their rights and obligations. The form serves as a vital tool for navigating legal complexities in construction contracts and helps protect the interests of both the Contractor and the Owner, facilitating a smoother construction process.
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FAQ
Generally, all construction contracts in Florida must contain are required to disclose the contractor or subcontractor's registration number issued by the Florida DPBR; if required. Furthermore, all construction contracts should also include a construction defect notice and opportunity to cure provisions.
