Cost Plus Fee Contract Example In San Jose

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

Description

The Cost Plus Fee Contract example in San Jose is a legal document that outlines the agreement between a contractor and an owner for a construction project. Key features include the project scope, work site description, permit acquisition responsibilities, and a provision about soil conditions, stating that the contractor is not liable for soil-related issues at the site. The contract specifies insurance requirements for the contractor and mandates that the owner provides a boundary survey and title opinion before construction begins. It includes a clause for changes to the scope of work, requiring written change orders and stipulating that any additional costs incurred will be borne by the owner. Payment is structured either as a cost plus fee or a fixed fee, with a late payment clause that imposes charges for overdue payments. This contract serves a variety of legal professionals such as attorneys, partners, owners, associates, paralegals, and legal assistants, providing them with a clear framework for managing construction projects and ensuring compliance with legal standards in San Jose.