Cost Plus Contract In Construction In Utah
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Description
The Cost Plus Contract in Construction in Utah is a vital legal document defining the agreement between a contractor and an owner for residential construction projects. This contract details the scope of work, including plans and specifications, ensuring clarity on project expectations. Key features include provisions for permits, insurance requirements, and assignment of soil condition responsibilities. Additionally, it allows for changes to the scope of work through written change orders, with owner responsibility for any increased costs. The contractor's fee is based on actual costs of materials plus a specified sum, highlighting transparency in billing. The form also outlines late payment penalties and warranties for workmanship. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for legal compliance and risk management in construction projects.
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FAQ
Preliminary notice. 38-1a-501. Preliminary notice. A person who desires to claim a construction lien on real property shall file a preliminary notice with the registry no later than 20 days after the day on which the person commences providing construction work on the real property.
Can I be my own Contractor? Pursuant to Utah State Code 55-55-305 a property owner is exempt from licensure and may engage in acts or practices included within the practice of construction trades subject to the stated circumstances and limitations within the Code.
