Cost Plus Fee Construction Contract In Pima

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

Description

The Cost Plus Fee Construction Contract in Pima is designed for parties entering into a construction agreement, specifying the scope of work, project details, and payment arrangements. This contract stipulates that the Owner will pay the Contractor for actual costs plus an additional fee for services rendered. Key features include clearly defined project specifications, responsibilities regarding permits, soil conditions, and insurance requirements. It allows for changes to the work scope through written Change Orders, ensuring cost transparency. The contract also outlines terms for late payments, stating a late charge of one percent on overdue payments. Additionally, it limits the Contractor’s warranty to one year for workmanship-related defects. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it ensures clarity in construction agreements and provides a framework for managing project changes and unforeseen costs.