The Construction Cost Plus with Showtime in Sacramento form is designed to facilitate agreements between contractors and owners for residential construction projects. This comprehensive contract outlines critical elements, including the scope of work, site conditions, permits, insurance, and changes to the project scope. It offers flexibility by allowing the owner to opt for a cost-plus agreement, where they pay the actual costs of materials plus a fee, ensuring transparency. Additionally, it requires the contractor to maintain proper insurance and includes provisions for late payments and contractual warranties. This form is valuable for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law, as it provides clarity on responsibilities, potential liabilities, and the legal requirements of construction projects. Users can easily fill and edit the form by customizing sections based on the specific project details and financial agreements, thus making it a practical tool for drafting legally binding contracts in the construction industry.