Cost Plus Contract In Construction In Phoenix

• Category: Construction - Contractors
• State: Multi-State
• City: Phoenix
• Control #: US-00462
• Format: Word; Rich Text

Description

This document is a construction contract specifically designed for a cost plus contract in construction in Phoenix. It outlines the agreement between the contractor and owner, detailing the scope of work, work site location, necessary permits, and responsibilities regarding soil conditions. The key feature of this form is the provision for a cost plus compensation structure, where the owner agrees to pay the actual costs of materials plus a specified fee for the contractor's services. Users must ensure the form is filled accurately, especially in sections related to project specifications and payment terms. Additionally, change orders, late payment penalties, and warranty provisions are included, giving clarity regarding amendments and contractor responsibilities. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in managing construction projects. It serves to protect all parties by outlining expectations and obligations clearly while providing a framework for any changes that arise during the project.