Construction Contract Cost Plus Withholding In Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract Cost Plus Withholding in Santa Clara outlines an agreement between a contractor and an owner for the construction of a specified project. It details the scope of work, work site, necessary permits, and insurance obligations. This document allows for changes in the scope of work through written change orders, with financial implications clearly defined. A unique aspect is the cost-plus payment structure, where the owner pays for actual costs plus an agreed fee, ensuring transparency in billing. The form stipulates the responsibilities of both parties, including warranty limitations and conditions for late payments. This contract aids attorneys, partners, owners, associates, paralegals, and legal assistants by providing a clear template to navigate construction agreements and protect their respective interests. Its structured approach allows users to easily modify sections relevant to their specific needs while ensuring compliance with local regulations.
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FAQ
In general, construction labor is not taxable. Installation labor of a fixture in most cases is also exempt from taxation, but the fabrication labor involved in the creation of a fixture is taxable.
