Construction Cost Contract Plus Withdrawal In Sacramento
Category:
State:
Multi-State
County:
Sacramento
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Cost Contract Plus Withdrawal in Sacramento is a formal agreement between a contractor and the owner for the construction of a residential project. This contract delineates the scope of work, including all labor and materials required, as well as the specific work site details. It mandates that the contractor obtain necessary permits and outlines responsibilities regarding soil conditions, insurance, and survey/title provision. The contract also allows owners to make changes to the scope of work through written Change Orders, with costs adjusted accordingly. The fee structure can be based on either cost-plus or fixed fee agreements, and it includes penalties for late payments. It is crucial to understand warranty provisions related to workmanship and materials. This form serves as an essential tool for attorneys, partners, owners, associates, paralegals, and legal assistants, providing a clear framework for contractual obligations and potential liabilities, ensuring all parties are informed and protected throughout the construction process.
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FAQ
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.
In order to cancel the transaction, the consumer must send the notice of cancellation form, or some other written statement indicating the intent to cancel the contract, to the creditor at the address stated on the notice. This notice need only state the consumer's intention to cancel the transaction.
