Construction Cost Plus With Cost-plus Pricing In Pennsylvania
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Description
The Construction Contract outlines the agreement between a Contractor and an Owner regarding a construction project in Pennsylvania with provisions for cost-plus pricing. This type of pricing structure allows the Contractor to charge for the actual cost of materials plus an agreed-upon fee, providing flexibility in project costs. The form includes essential details such as the scope of work, work site information, permits, soil conditions, insurance requirements, and the process for changes to the scope of work. Users are instructed to fill in specific areas, such as the Contractor's fee, and ensure all changes during the project are documented through written change orders. The contract also addresses payment timelines and potential late fees, along with warranty terms for workmanship and materials. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a clear and structured agreement template suitable for construction projects, facilitating effective communication and legal protection for all parties involved.
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The Home Improvement Consumer Protection Act (“HICPA”) was adopted by Pennsylvania's General Assembly in October, 2008, and signed by the Governor as Act 132 of 2008. The law establishes a mandatory registration program for contractors who offer or perform home improvements in Pennsylvania.
