Cost Plus Contract In Construction In Pennsylvania

State:
Multi-State
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

The Cost Plus Contract in construction in Pennsylvania is a legal agreement wherein the Owner agrees to pay the Contractor for the actual cost of materials and an additional fee for services provided. This contract outlines essential elements such as the scope of work, work site, permit responsibilities, soil conditions, insurance requirements, and warranty provisions. It allows for flexibility in project changes through written Change Orders, ensuring all costs are accounted for. Filling instructions stress that both parties must clearly define the project parameters and costs. This form is particularly useful for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants as it establishes clear responsibilities and expectations, enabling effective project management. It can aid in minimizing disputes by detailing payment terms and warranty policies. Individuals with lesser legal experience will benefit from the plain language and straightforward structure of the contract, promoting clarity and understanding.
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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

There are no statewide Pennsylvania general contractor license or certification requirements. However, any contractor who performs at least $5,000 worth of home improvements per year must register with the Attorney General's office.

Offer and Acceptance: One party must make an offer, and the other must accept it. Mutual Consent: Both parties agree to the terms without coercion. Contract law often refers to this condition as a "meeting of the minds." Competence: The parties must have the legal capacity to agree.

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Cost Plus Contract In Construction In Pennsylvania