Contract Cost Plus Form With Cost In Pima

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

Description

The Contract Cost Plus Form with Cost in Pima is designed for construction projects, allowing for flexible payment terms based on actual costs incurred by the contractor. Key features include a defined scope of work, provisions for necessary permits, and clarity on soil conditions, placing responsibility on the owner for additional site work. The form also outlines insurance requirements for the contractor and mandates a boundary survey and title opinion prior to construction. A notable section is the 'Changes to Scope of Work,' where any modifications must be documented through change orders, which can affect overall project costs. The contractor is compensated either by a cost-plus method, where actual material costs plus a fixed fee are paid, or a fixed fee method. This form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a comprehensive framework for managing construction contracts, ensuring legal compliance and reducing disputes. Filling and editing the form require careful attention to project specifics to ensure all parties' obligations are clearly defined.