Cost Plus Fee Construction Contract In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Fee Construction Contract in Wake is a comprehensive agreement that outlines responsibilities and expectations between the Contractor and the Owner for a construction project. It details the scope of work, indicating that the Contractor will provide all necessary labor and materials as described in the project specifications. The contract specifies that the Owner is responsible for securing necessary permits and any additional site work related to soil conditions. Importantly, it includes provisions for insurance and handling changes to the scope of work via written 'Change Orders.' The financial structure is outlined, allowing for payment based on actual costs plus a fee, or a fixed fee, giving flexibility to the Owner. This form is useful for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants who need a clear and legally sound document to manage construction projects. It helps prevent disputes by clearly defining expectations and financial arrangements, providing a secure foundation for the contractual relationship. By using this contract, users can ensure compliance with local regulations and protect their interests throughout the construction process.
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