Contract Cost Plus Agreement Format In Phoenix

State:
Multi-State
City:
Phoenix
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

The Contract Cost Plus Agreement format in Phoenix is a detailed legal document outlining the relationship between the Contractor and Owner for construction projects. It stipulates the scope of work, including labor and materials required, and clearly defines the Work Site and any necessary permits. The form emphasizes that the Contractor is not liable for soil conditions and requires the Owner to provide a boundary survey and title opinion before construction begins. A key feature is the cost structure, where the Owner agrees to pay the actual costs of materials plus a predetermined fee for the Contractor's services. Additionally, the form includes provisions for changes to the scope of work through written Change Orders, along with late payment penalties and warranty limitations. This format is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for responsibilities and financial obligations, ensuring compliance with local regulations and minimizing potential disputes during construction.
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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

FAR 16.306. It provides for two types of CPFF contracts: the Completion type, which has a “definite goal or target and specifies an end product,” and the Term type, which “obligates the contractor to devote a specified level of effort for a stated time period.”

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

Use concrete words rather than industry jargon to keep the intent clear. A properly formatted contract will typically have copy that is left-aligned and single-spaced. If the contract is long or has multiple sections, a table of contents should be included to make it easier to review.

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).

How to write an agreement letter Title your document. Provide your personal information and the date. Include the recipient's information. Address the recipient and write your introductory paragraph. Write a detailed body. Conclude your letter with a paragraph, closing remarks, and a signature. Sign your letter.

How to write an agreement letter Title your document. Provide your personal information and the date. Include the recipient's information. Address the recipient and write your introductory paragraph. Write a detailed body. Conclude your letter with a paragraph, closing remarks, and a signature. Sign your letter.

A comprehensive guide on how to draft a contract Know your parties. Agree on the terms. Set clear boundaries. Spell out the consequences. Specify how you will resolve disputes. Cover confidentiality. Check the legality of the contract. Open it up to negotiation.

To be legally enforceable, an agreement must contain all of the following criteria: An offer and acceptance; Certainty of terms; Consideration; An intention to create legal relations; Capacity of the parties; and, Legality of purpose.

Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).

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Contract Cost Plus Agreement Format In Phoenix