Construction Cost Contract Plus Withdrawal In Washington
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Description
The Construction Cost Contract Plus Withdrawal in Washington is a legal document that outlines the agreement between a contractor and an owner regarding the construction of a project. This contract specifies the scope of work, including all labor and materials required for the construction, as defined by plans and specifications provided by the owner. Key features include the work site description, permitting responsibilities, and provisions for soil conditions, insurance requirements, and the necessity for a boundary survey and title opinion before construction begins. It allows for changes to the scope of work through written change orders and outlines contractor fees as either cost-plus or fixed fee. Additionally, it includes terms for late payments and warranties on workmanship and materials. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for legal responsibilities and entitlements, thereby protecting the interests of all parties involved in construction projects.
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It's surprisingly easy to safeguard yourself so you you can get on with your project with confidence. Find out how long the company has been in business. Check references. Really. Negotiate payment terms. Protect Yourself. Understand the scope of work before you sign a contract.
A homeowner may also have a right to cancel a contract after three days in limited, extraordinary, situations. The homeowner's cancellation rights are created by both state and federal laws.
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
