Cost Plus In Construction In Pima

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

Description

The document is a Construction Contract that outlines the agreement between a Contractor and an Owner for a construction project under the cost plus methodology in Pima. This contract specifies the scope of work, work site, required permits, soil conditions, insurance, and changes to scope, emphasizing the responsibilities and liabilities of both parties. The cost plus fee structure is highlighted, stating that the Owner will pay for the actual costs incurred by the Contractor plus a predetermined fee. This makes the contract suitable for projects where costs may fluctuate. Key features include clear instructions for change orders and provisions for late payment, default, and warranties. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for establishing structured agreements and managing project budgets effectively while ensuring that both parties are protected throughout the duration of the construction process.