The Contract Cost Plus Form with 2 Points in San Jose outlines the agreement between a Contractor and an Owner for the construction of a residence. It includes details on the project scope, work site, permits, soil conditions, insurance, and changes to the work specifications. A key feature is the payment structure, which allows the Owner to pay for the actual costs of materials plus a fixed fee for the Contractor's services. This form also addresses late payments, warranty on workmanship, and specifies that the Owner must provide necessary surveys and approvals. It is designed for use by legal professionals such as attorneys, paralegals, and legal assistants, as well as project partners and owners involved in construction projects. The utility of this form lies in its clear instructions for filling out the contract and managing any changes to the project scope. It serves as a legally binding document that helps ensure both parties understand their obligations and rights throughout the construction process.