Cost Plus Fee Construction Contract In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Fee Construction Contract in Phoenix outlines the terms between the contractor and owner for a construction project. Key features include a detailed scope of work, the responsibility of obtaining permits, and provisions regarding soil conditions. The contract specifies that owners will incur additional costs for any required additional site work beyond the usual excavation. It also addresses insurance requirements for contractors and mandates that any changes to the project must be documented through a written change order. Additionally, the contractor's fee can be set as a cost plus arrangement or a fixed fee, with late payment penalties included. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a structured agreement that protects their interests and clarifies the financial responsibilities associated with construction projects. It aids in creating clear expectations and providing legal recourse in case of disputes, thus facilitating smoother project execution.
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