Construction Cost Plus Withdrawal In Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract form defines the agreement between the Contractor and the Owner for a construction project, specified by its scope, location, and cost structure, including the option for a cost plus fee arrangement. It outlines important elements such as the scope of work, responsibility for permits, insurance coverage, and provisions for changes to the scope of work. The Contractor is responsible for completing the project on the prescribed work site and obtaining necessary permits, while the Owner must provide a boundary survey and title opinion prior to construction. The form includes stipulations about late payments, default, and warranties on workmanship and materials. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it aids in clearly defining obligations and expectations for both parties involved in a construction project. Additionally, it can serve as a guide for addressing changes or unforeseen site conditions while providing clarity on payment structures for both fixed fee and cost plus agreements.
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FAQ
CCDC contracts are ubiquitous in the construction industry. They are used for all manner of different project types and sizes, so much so that familiarity with these documents is almost becoming required to do business in Ontario's construction industry. There are currently around 14 types of CCDC format contracts.
The CCA specifically handles documents affecting the contractor to sub-contractor relationships while the CCDC documents typically handle contractor to owner relationships. Contracts Covered: CCA 1.
