Construction Cost Plus With Cost-plus Pricing In San Diego

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

Description

The Construction Contract outlines the agreement between a Contractor and an Owner for a construction project with options for cost-plus pricing. Notably, it specifies the scope of work, site details, required permits, and responsibility for soil conditions. The contractor is responsible for securing insurance and obtaining necessary approvals before starting work. Key features include provisions for change orders, where any modifications to the project must be documented and agreed upon in writing, potentially impacting overall costs. Owners can choose between a cost-plus fee structure, which covers actual costs plus a specified amount, or a fixed fee. Payment terms and penalties for late payment are also outlined, ensuring clarity on financial obligations. The warranty section limits the contractor's liability to workmanship defects within one year. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in San Diego, as it provides a clear framework for managing construction projects while accommodating local regulatory requirements.