Home Fee Cost Plus Contract For Construction In Phoenix

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

Description

The Home Fee Cost Plus Contract for Construction in Phoenix is a legal document that establishes the agreement between a contractor and an owner for residential construction projects. It specifies the contractor's responsibilities, including providing labor and materials, and outlines the scope of work to be performed according to agreed plans. Key features include clauses on work site conditions, licensing and permitting requirements, and insurance obligations, ensuring that the contractor is adequately protected and that the owner understands their responsibilities. The document allows for changes in the scope of work through written change orders, transparently detailing how costs will be managed. It also includes provisions for payment structures, outlining either a cost-plus agreement or a fixed fee. This contract is useful not only for attorneys and paralegals who draft and review contracts but also for owners who need clear expectations and protections in their agreements. Associates and partners involved in managing construction projects will find it essential for ensuring compliance and minimizing disputes or losses.