The Cost Plus Fee Construction Contract in San Antonio serves as a vital legal document between a contractor and an owner for residential projects. It outlines the scope of work, location of the project, and necessary permits, placing responsibility on the contractor for construction while addressing site-specific soil conditions. Key features include provisions for change orders, with the owner responsible for any associated cost increases, and distinct payment structures based on actual costs plus a fee or a fixed fee. This contract includes clauses on insurance, warranties, and stipulates penalties for late payment. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure clarity in expectations and responsibilities, safeguarding their interests in construction dealings. The document is designed to be user-friendly, facilitating easy completion and revision as project demands evolve.
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.
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