Cost Plus Fee Contract Example In Santa Clara
Category:
State:
Multi-State
County:
Santa Clara
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Fee Contract Example in Santa Clara is a detailed agreement between a contractor and an owner for construction projects. It outlines key components such as the scope of work, work site specifications, necessary permits, and soil conditions. The contractor is responsible for obtaining the necessary permits, while the owner must provide a boundary survey and title opinion prior to construction. A significant feature is the cost structure: owners pay the actual cost of materials plus a specified fee for contractor services, allowing flexibility for project changes through written change orders. This form addresses late payment issues by instituting a penalty for overdue payments and includes a limited warranty for workmanship. The language used is accessible, with clearly defined terms that cater to users with varying legal knowledge, making it suitable for attorneys, partners, owners, associates, paralegals, and legal assistants. Overall, this form serves as a practical template for individuals managing construction contracts in Santa Clara.
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