Cost Plus Fee Contract Example In Philadelphia
Category:
State:
Multi-State
County:
Philadelphia
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Fee Contract example in Philadelphia outlines the agreement between a contractor and an owner for construction work, detailing the project scope, work site, and financial arrangements. Key features include specifications for labor and materials, responsibility for permits, and conditions regarding soil and site work. The contract also addresses insurance requirements, change orders, and payment structures, particularly emphasizing the cost plus fee arrangement where owners reimburse the contractor for actual costs plus an additional fee. Utility for attorneys includes ensuring compliance with local regulations, while partners and owners can use this contract to clearly define their roles and expectations. Paralegals and legal assistants benefit from the straightforward instructions on filling out the contract and tracking changes in project scope. Overall, this form serves as a comprehensive framework for managing construction projects and mitigating potential disputes.
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