Construction Cost Contract Plus With Example In Suffolk
Category:
State:
Multi-State
County:
Suffolk
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Cost Contract Plus with Example in Suffolk is a detailed agreement between a contractor and an owner, outlining the terms for constructing a residence. Key features include the scope of work, work site details, permit responsibilities, soil conditions, insurance obligations, and procedures for changes in the project. The contract specifies that the contractor is compensated based on either actual costs plus a fee or a fixed fee, providing flexibility for various project needs. The inclusion of late payment penalties and warranty terms protects both parties' interests. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate or construction law, facilitating clear communication and expectations between parties. Legal professionals can utilize this contract to ensure compliance and to mitigate potential disputes, while owners benefit from structured terms that safeguard their investments.
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