Home Fee Cost Plus Contract With Gmp In Queens
Category:
State:
Multi-State
County:
Queens
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home fee cost plus contract with GMP in Queens is a legal document that outlines the agreement between a contractor and an owner for a construction project. Key features include a detailed scope of work, which describes the tasks and materials needed for the project, and provisions for permits, soil conditions, and insurance requirements. The contract allows for changes to the scope of work through written change orders, detailing how costs may increase as a result. Owners are responsible for the actual cost of materials plus an agreed-upon fee for the contractor's services, with options for cost plus or fixed fee structures. Late payment penalties are clearly defined, ensuring timely payments are made. Warranty coverage is limited to workmanship defects identified within one year. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for responsibilities, costs, and liabilities in construction projects.
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