Contract Cost Plus Agreement For Construction In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Agreement for Construction in Salt Lake is designed to outline the terms and conditions under which a contractor will provide construction services to an owner. This form includes a detailed scope of work, specifications for permits, and an agreement on insurance coverage. Key features include the ability to modify the scope of work through written change orders, and it allows for cost adjustments based on actual expenses incurred. The agreement stipulates that the owner will pay the contractor the actual cost of materials plus a predetermined fee, providing transparency in billing. It also includes provisions regarding soil conditions, warranty limitations, and consequences for late payments. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate and construction contract negotiations, as it offers a clear framework for managing contractor relationships and project execution in compliance with local regulations.
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FAQ
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).
