Cost Plus Construction Contract Example In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract example in Philadelphia serves as a comprehensive agreement between a Contractor and an Owner for construction projects. Key features include a defined scope of work, the assignment of permits, and specifications regarding soil conditions and insurance. This contract allows for modifications through written change orders and stipulates the Contractor's fee as a cost plus the agreed-upon amount. The form caters to respective roles, detailing the responsibilities and liabilities of each party, ensuring transparency in costs and project management. Filling out the contract involves completing sections pertaining to work specifications, site addresses, payment structures, and signatures. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants seeking clear agreements that facilitate the construction process while protecting their interests. It addresses potential issues like late payments and warranties for workmanship, making it a vital legal resource for all parties involved.
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FAQ
How To Write A Construction Contract With 7 Steps Step 1: Define the Parties Involved. Step 2: Outline the Scope of Work. Step 3: Establish the Timeline. Step 4: Determine the Payment Terms. Step 5: Include Necessary Legal Clauses. Step 6: Address Change Orders and Modifications. Step 7: Sign and Execute the Contract.
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
