Contract Cost Plus Form With Two Points In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Form with Two Points in Philadelphia serves as a comprehensive legal template for construction agreements between a contractor and an owner. This form outlines the scope of work, project site specifics, and the responsibilities regarding permits and insurance. Key features include provisions for handling soil conditions, procedures for making changes to the scope of work, and detailed payment structures for a cost-plus model. The form enables owners to clearly define their expectations, while contractors are protected under specific conditions. Filling and editing instructions ensure clarity and correct usage, guiding users through each section with straightforward language. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects, as it formalizes agreements and minimizes potential disputes. Use cases include residential projects, renovations, and any construction requiring detailed contractual arrangements in Philadelphia.
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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.
