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The Contract Cost Plus Agreement with us in Riverside outlines the terms between a contractor and an owner for the construction of a project. This contract specifies that the contractor will be compensated for actual material costs plus a set service fee, ensuring transparency in billing. Key features include the scope of work, work site details, and the necessity for permits and insurance. The contract allows for changes to the project scope through written change orders, which may result in additional costs. Safety measures are emphasized, as the contractor must maintain liability and workers’ compensation insurance. It is designed for a wide audience including attorneys, partners, owners, associates, paralegals, and legal assistants, providing clear filling and editing instructions to facilitate understanding. The plain language used in the document allows for easy editing and customization for individual projects. Use cases may include residential construction projects or renovations, making it a versatile form for various construction scenarios.
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).
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