Construction Cost Plus Withdrawal In Washington
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Description
The Construction Contract outlines the agreement between the Contractor and Owner for a construction project in Washington, detailing critical aspects such as the scope of work, work site, permits, and insurance. A key feature of this form is the 'Cost Plus' payment structure where the Owner agrees to cover the actual costs incurred by the Contractor plus an additional fee, providing flexibility in budgeting. Users must fill out specific sections, including project details and payment terms, and make necessary edits based on any changes in scope or specifications through written change orders. The form serves as a protective legal document that helps clarify roles and responsibilities while also addressing potential issues related to soil conditions and late payments. This document is particularly useful for attorneys, partners, and owners who need a clear framework to establish contractual obligations and manage project expectations. Paralegals and legal assistants can utilize this form to assist in drafting and reviewing contract terms to ensure compliance with local laws and regulations.
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FAQ
Services to individuals and businesses – things like haircuts, medical bills, consultant fees, etc. – are not “personal property,” and are most often not subject to sales tax. However, some services are subject to sales tax, as listed in RCW 82.04. 050.
Non-itemized charges: Generally, when IT products and services are sold as a non-itemized package, the entire transaction is subject to retail sales or use tax.
Professional services are generally not taxable in Washington State. However, some services are subject to sales tax. “Constructing and decorating real or personal property for others” is taxable.
