Contract Cost Plus Form With Two Points In San Jose

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

Description

The Contract Cost Plus Form with Two Points in San Jose is designed for use in construction agreements, particularly where the contractor's compensation is based on actual costs plus a fee. This form outlines the scope of work, location of the project, as well as conditions regarding permits, soil conditions, and insurance requirements. Changes to the project scope must be documented through written Change Orders that may also adjust project costs. It spells out both the cost-plus and fixed fee payment structures, providing flexibility for owners to choose how they want to compensate contractors. The form includes a late payment clause, imposing charges for delayed payments, and a warranty clause that limits the contractor's liability to defects in workmanship for one year after completion. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate and construction law in San Jose, providing clarity in agreements and protecting their interests during the construction process. Users should ensure they fill in specific project details, including the scope of work and payment terms, to tailor the form to their needs.