The Construction Cost Plus with Showtime in Tarrant form is a comprehensive legal document outlining the relationship between a Contractor and an Owner for constructing a project. It details the scope of work, work site, permits required, insurance provisions, and responsibilities related to soil conditions. Notably, the form outlines a cost-plus compensation structure, where the Owner agrees to pay the Contractor for actual costs incurred plus a specified sum. Key features include the procedure for making changes to the scope of work through written 'Change Orders' and stipulations regarding late payments and warranties. It serves as an essential tool for legal professionals such as attorneys and paralegals to facilitate clear agreements, mitigate risks, and ensure compliance with local regulations. This form can also benefit Owners and Contractors in defining expectations and obligations, ultimately minimizing disputes during construction projects.