Contract Cost Plus Form With 2 Points In Texas

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-00462
• Format: Word; Rich Text

Description

The Contract Cost Plus Form with 2 Points in Texas is designed for construction projects outlining the agreement between a contractor and an owner. This contract stipulates that the owner will pay the contractor the actual cost of materials plus an additional defined amount for services rendered. Key features include definitions of the scope of work, work site, and responsibility for permits and soil conditions. The contract also details provisions for changes to the scope of work via written change orders, contractor's fees, late payment penalties, and warranty limitations. Filling out this form requires clear specification of the project details and costs, along with obtaining necessary permits before work begins. It serves attorneys, paralegals, and legal assistants who may assist clients in the execution of construction projects, ensuring compliance with local regulations and clarity in contractual obligations. Additionally, this form is useful for owners and contractors in establishing a transparent financial agreement to mitigate disputes and misunderstandings during and after project completion.