Contract Cost Plus Agreement For Construction In Washington
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Description
The Contract Cost Plus Agreement for Construction in Washington outlines the terms between the Contractor and Owner for the execution of a construction project. It specifies the scope of work, including labor and materials required, and where the project will take place. The Contractor is responsible for obtaining necessary permits, while the Owner must provide essential documents like boundary surveys. The agreement allows for adjustments in the scope of work through written Change Orders, which may incur additional costs. Key provisions also include payment structures based on actual costs or a fixed fee, late payment clauses, and warranty limitations for workmanship. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction-related projects as it provides a clear legal framework, ensuring all parties understand their rights and obligations. It aids in mitigating risks associated with construction contracts while providing a structured way to manage project costs.
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Ing to Boundy (2012), typically, a written contract will include: Date of agreement. Names of parties to the agreement. Preliminary clauses. Defined terms. Main contract clauses. Schedules/appendices and signature provisions (para. 5).
