Contract Cost Plus Form With Two Points In Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Form with Two Points in Tarrant is a construction contract that outlines the terms and responsibilities of both the Contractor and the Owner. This form specifically highlights the cost-plus payment structure, where the Owner agrees to pay the actual costs of materials plus a predetermined fee for the Contractor's services. Key features include a detailed scope of work, site conditions, insurance requirements, and procedures for changes to the scope of work through written 'Change Orders.' Filling and editing instructions are clear, emphasizing that parties must provide necessary documentation such as permits, surveys, and warranties. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants managing construction contracts, as it ensures clarity and sets forth legal obligations that protect both parties. The cost-plus structure accommodates fluctuations in project expenses, making it ideal for projects where material costs may vary. Overall, this contract serves as a comprehensive guide for all parties involved in a construction project.
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FAQ
Contract Types Comparison Party 1 offers Unilateral Services or goods that the other party requested, usually in an open request Implied Services or goods Express Anything Simple Something of value to the other party9 more rows •
