Contract Cost Plus Form With Two Points In Suffolk
Category:
State:
Multi-State
County:
Suffolk
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Form with Two Points in Suffolk is a legal document that outlines the agreement between a contractor and an owner for construction services. This form clearly defines the scope of work, the work site, and outlines responsibilities regarding permits, soil conditions, and insurance requirements. Notably, it provides two payment structures: a cost plus fee where the owner agrees to pay the actual costs incurred by the contractor plus a specified sum, and a fixed fee option. It allows for changes in the scope of work through written change orders and stipulates conditions for late payments and warranties. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects, ensuring that all parties understand their rights and obligations. It promotes clarity and adherence to legal standards, which is crucial in avoiding disputes and ensuring compliance with local regulations.
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