Cost Plus Contract In Costing In Pennsylvania

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-00462
• Format: Word; Rich Text

Description

The Cost Plus Contract in Costing in Pennsylvania is a construction contract that outlines an agreement between a contractor and an owner for a project where costs are reimbursed plus a fixed fee. Key features include a detailed scope of work, identification of the work site, and requirements for permits. The form offers flexibility, allowing for changes in the scope of work through written change orders. Specific to the cost structure, the owner agrees to pay the actual costs of materials along with a set fee for the contractor's services. This form includes provisions regarding soil conditions, insurance obligations, and warranties, ensuring both parties are protected. Filling out the form involves specifying the project details, payment terms, and any additional site work required. This document is particularly valuable for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear structure for managing construction projects while outlining legal responsibilities and financial obligations.