Contract Cost Plus Form With Example In Phoenix

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

Description

The Contract Cost Plus Form outlines the agreement between a Contractor and an Owner for construction services. This form allows the Contractor to be compensated for actual material costs plus an agreed-upon fee, providing flexibility in project budgeting, particularly relevant in Phoenix, where construction costs can fluctuate. Key features include a detailed scope of work, necessary permits, and stipulations regarding soil conditions and insurance requirements. Filling instructions emphasize the importance of clearly outlining changes to the scope of work through written Change Orders. Specific use cases for the target audience include preparing contracts for residential construction projects where cost variations are expected. Attorneys can use this form to draft legally sound agreements, while Owners and Contractors can ensure mutual understanding and protection in financial dealings. Paralegals and Legal Assistants may assist in editing and completing the form accurately to comply with local regulations. Overall, the Contract Cost Plus Form serves as a crucial tool for smooth project execution and financial clarity among all parties involved.
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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

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).

The CCA specifically handles documents affecting the contractor to sub-contractor relationships while the CCDC documents typically handle contractor to owner relationships. Contracts Covered: CCA 1.

CCDC contracts are ubiquitous in the construction industry. They are used for all manner of different project types and sizes, so much so that familiarity with these documents is almost becoming required to do business in Ontario's construction industry. There are currently around 14 types of CCDC format contracts.

Licensing Requirements If a business is selling a product or engaging in a service subject to TPT, that business will likely need a license from the Arizona Department of Revenue (ADOR) and a TPT, or business/occupational license, from the city or cities in which the business has a base or operation.

Prime Contractor's Certificate The purpose of this form is to provide a subcontractor with the validation required for tax exemption of a particular project, for a period of time, or until revoked.

Common sales tax exemptions include: Professional or personal services where the sale of tangible personal property constitutes an inconsequential element. Services rendered in addition to the sale of tangible personal property at retail.

Arizona Forms 5000 are used to claim Arizona TPT (sales tax) exemptions from vendors. Arizona Forms 5000A are used to claim Arizona TPT (sales tax) exemptions from vendors when making purchases for resale where tax will be collected on the retail sale to the end user.

In Arizona there are several warranty periods that apply to construction projects: Express Warranties – usually a period of 1 or 2 years from completion. ROC Workmanship – 2 years from date of completion. Contract Claims – six years for breach of written contract.

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Contract Cost Plus Form With Example In Phoenix