Contract Cost Plus Form With Decimals In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Form with Decimals in Wake is a construction contract that outlines the relationship between a Contractor and an Owner for a construction project. The form includes several key features such as the scope of work, work site details, permits required, and soil conditions. It allows for flexibility in contract management, particularly with a cost-plus payment structure where the Owner pays for actual construction costs plus an agreed fee. Specific instructions for filling out the form include specifying the project's details, entering the financial arrangements, and ensuring all parties sign the document. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate development or construction, as it provides a clear framework for project execution and cost management. Legal professionals can use this form to protect their clients' interests, while associates and paralegals can assist in the contract preparation and compliance phases. Ultimately, this form helps facilitate transparent and structured agreements between all parties involved in a construction project.
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FAQ
Uncertain Scope: If the project scope is likely to change, a CPIF contract provides the flexibility to adjust costs and incentives ingly.
“Continuing Resolution” means an appropriation, in the form of a joint resolution, that provides budget authority for federal agencies, specific activities, or both to continue operation until the regular appropriations are enacted.
