Sample Of Cost Plus Contract For Construction In Queens

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

Description

The Sample of cost plus contract for construction in Queens outlines the agreement between a Contractor and an Owner regarding a construction project. Key features include the definition of the scope of work, the work site location, and responsibilities concerning permits and soil conditions. The form specifies that the Contractor is not liable for any issues regarding soil conditions and requires the Owner to provide necessary documentation such as a boundary survey and title opinion. It allows for flexibility in project modifications through written change orders, which may result in additional costs. The payment structure can be based on actual costs plus a fee, or a fixed fee, and late payment terms are clearly stated. Warranty provisions limit liability for workmanship defects to one year. This contract is beneficial for various audiences, including attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a standardized framework for construction agreements, ensuring clarity and legal protection for all parties involved.