Home Fee Cost Plus Contract With Construction Company In Wake

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

Description

The Home Fee Cost Plus Contract with Construction Company in Wake is a legal document that outlines the terms between a contractor and an owner regarding the construction of a residential project. This contract specifies the scope of work, including labor and materials, and includes provisions for the work site, permits, soil conditions, and insurance responsibilities. It also allows for changes to the scope of work via written change orders and establishes payment terms based on actual costs plus a contractor fee. Key features include a late payment clause, warranty details, and the requirement for the owner to provide a boundary survey and title opinion. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need a clear framework for managing construction agreements. Users will benefit from understanding the detailed responsibilities and costs associated with such contracts, which can aid in dispute resolution and project management.