Contract Cost Plus Agreement With Us In Queens
Category:
State:
Multi-State
County:
Queens
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Agreement with us in Queens is a legal form that outlines the responsibilities of the contractor and the owner for a construction project. This agreement specifies the scope of work, including all labor and materials required to complete the project based on agreed plans and specifications. A key feature is that payment to the contractor is based on the actual cost of materials plus a predetermined fee, allowing for flexibility in budgeting. Additionally, the form addresses important aspects such as obtaining necessary permits, managing soil conditions, and providing insurance coverage. It also allows the owner to make changes to the project scope through written change orders, ensuring clear communication and agreement on any adjustments. Target audiences, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form useful as it provides a clear structure for project management and legal compliance in construction. Filling and editing instructions are straightforward, enabling users to insert relevant details as needed. This contract serves as a vital tool for protecting the interests of both parties during construction projects.
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FAQ
Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
