Contract Cost Plus Form With 2 Points In Pennsylvania
Instant download
Description
The Contract Cost Plus Form with 2 Points in Pennsylvania is designed to outline the terms and conditions between a contractor and an owner for residential construction projects. It specifies the scope of work, including plans and specifications, and identifies the work site. Key features of the form include provisions for obtaining necessary permits, dealing with soil conditions, and covering insurance aspects related to the project. Furthermore, the form allows for changes to the scope via written change orders, ensuring that any additional costs incurred will be paid by the owner. This contract includes a cost plus option where the owner agrees to pay the actual costs plus a specified fee for services. Filling out this form requires clear input of project details and compliance with outlined provisions. The utility of this form is significant for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework to mitigate risks and manage expectations during construction. Its structure ensures that all parties are aware of their obligations and that necessary agreements are documented for legal clarity.
Free preview
Form popularity
FAQ
Definition. A contract where the contractor recovers actual costs incurred for completed work.
