The Contract Cost Plus Form Template with Drop Down Menu in Wake is designed for use in construction agreements where the owner compensates the contractor based on actual project costs plus a specified fee. This template outlines essential components such as the scope of work, work site details, permit responsibilities, and soil conditions. Key features include a clear framework for changes to the scope of work through written change orders and a section for defining the contractor's fee, with options for cost plus or fixed fee arrangements. Filling instructions guide users to provide specific details about the project, while the drop-down menus facilitate quick selections of standard terms, ensuring clarity and efficiency. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in the construction industry, helping them manage agreements responsibly while ensuring compliance with local regulations. The document also outlines payment terms and warranty information, protecting both parties in the contractual relationship.