Construction Cost Plus With Example In Washington
Instant download
Description
The Construction Contract is designed for use in Washington and includes a cost-plus provision, where the Owner pays the Contractor for actual costs plus a predetermined fee. This contract outlines the scope of work, work site specifics, permit responsibilities, and insurance requirements. It is especially useful for contractors and owners as it sets clear expectations regarding costs and project specifications. For example, in Washington, if construction costs total $100,000, and an additional fee of $20,000 is agreed upon, the owner would pay $120,000 in total. The form provides mechanisms for handling changes to the project scope through written change orders, ensuring clarity and transparency. Additionally, the contract entails provisions for late payments, default scenarios, and warranties on workmanship, making it comprehensive for legal and construction professionals. This contract is particularly beneficial to attorneys, partners, and paralegals as it helps in drafting enforceable agreements that protect their clients’ interests while keeping project details accurate and precise.
Free preview
