Cost Plus Contract For Construction In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract for construction in Philadelphia is a legal document that details the agreement between a contractor and an owner for a construction project. This contract includes key features such as the scope of work, the work site description, requirements for necessary permits, and stipulations regarding soil conditions. It importantly outlines the contractor's fee structure, which is based on actual costs plus a specified amount for the contractor's services. Users must complete the form with precise details of the project and financial terms to ensure clarity. The document also addresses changes to the scope of work and outlines responsibilities for insurance and late payments. Target audiences, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form beneficial for its structured approach to managing construction contracts, helping to mitigate disputes by clearly defining the terms and expectations for both parties. It supports a practical understanding of responsibilities and costs associated with construction projects.
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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.
