Types Of Construction Contracts Cost Plus In Sacramento

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

Description

The document outlines a construction contract designed for use in Sacramento, focusing on the cost plus type of construction contract. This contract details the roles and responsibilities of both the contractor and the owner, highlighting critical elements such as the scope of work, the work site, permit acquisition, insurance requirements, and changes to the project scope through written change orders. The cost plus structure emphasizes flexibility, as the owner pays the actual costs incurred by the contractor plus an additional fee, facilitating adjustments in case of unforeseen expenses. This provides a clear framework for financial obligations and dispute resolution, including late payment penalties. Also, it limits the contractor's warranty to specific defects for one year, reflecting common practices in the construction industry. The target audience, which includes attorneys, partners, owners, associates, paralegals, and legal assistants, will find this document useful for creating agreements that ensure clarity and compliance with local regulations. Users can fill in specific project details, amounts, and timelines, ensuring customized contracts that cater to unique construction projects in the area.