Cost Plus Contract Types In San Jose
Category:
State:
Multi-State
City:
San Jose
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
This document is a construction contract that outlines the terms and conditions for a cost plus contract type in San Jose. It defines the roles of the Contractor and Owner, specifies the scope of work, and details the obligations for obtaining necessary permits. The contract emphasizes that the Owner will be responsible for any extra costs due to unforeseen soil conditions and sets forth the Contractor's insurance obligations. It includes a clause for changes to the scope of work, which can only be executed through a written Change Order. The payment structure is highlighted under the cost plus option, where the Owner agrees to pay the actual cost of materials plus a fee for the Contractor's services. This format is useful for attorneys, partners, owners, associates, paralegals, and legal assistants who may be involved in drafting or reviewing construction agreements. It provides a clear framework to prevent disputes and ensures compliance with local laws relevant to construction contracts.
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10 Different Types of Contracts Type of ContractEveryday Use Implied Contracts Common in everyday transactions like dining out. Express Contracts Standard in formal business agreements. Simple Contracts Used for straightforward services or transactions. Unconscionable Contracts Often challenged in court for fairness.10 more rows •
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).
