Construction Cost Plus Withdrawal In Queens
Category:
State:
Multi-State
County:
Queens
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract is a legal document that outlines the agreements between a Contractor and an Owner for a construction project in Queens. This form emphasizes a 'cost plus' payment structure, where the Owner pays the actual costs incurred by the Contractor along with a predetermined fee for their services. Key features include the scope of work, work site locations, insurance requirements, and responsibilities regarding soil conditions and permits. For filling and editing, users should clearly specify the project details and any changes to the scope of work through written 'Change Orders.' Use cases for this contract involve various professionals such as attorneys ensuring legal compliance, partners managing project logistics, owners outlining their expectations, associates coordinating project activities, and paralegals or legal assistants assisting in contract preparation. This contract is essential for establishing clear terms and responsibilities, thereby minimizing potential disputes during the construction process.
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FAQ
Every contractor I've worked with has taken 50% up front and 50% when the job is finished. This is normal. One thing I would recommend is you vet your contractor thoroughly--check reviews, make sure they have a legitimate website, testimonials etc...
