The Contract Cost Plus Form Template with Percentages in Santa Clara is designed for use in construction agreements where the contractor is compensated based on actual costs plus a fee. Key features include a detailed scope of work, clearly defined work site, and provisions for permits and soil conditions. The form outlines insurance responsibilities and requires a boundary survey and title opinion before construction begins. A significant aspect is the ability to modify the scope of work through written change orders, allowing for project flexibility. The contractor's fee can be structured as a cost plus arrangement, highlighting transparency in expenses. Payment terms include a late fee for overdue payments, ensuring financial accountability. This form is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a comprehensive and legally sound framework for initiating and managing construction projects while outlining the roles and responsibilities of each party involved.