Cost Plus Construction Contract With Example In Washington
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Description
The Cost Plus Construction Contract with example in Washington outlines the agreement between a contractor and an owner for a construction project. This contract specifies that the owner will pay the actual costs of materials and an additional fee for the contractor's services. Key features include the clear definition of scope, payment terms, and the process for making changes to the project. The contract mandates that the contractor obtain necessary permits while stating that the owner is responsible for soil conditions and any related expenses. It also establishes warranty limitations and outlines late payment penalties. This form is particularly useful for attorneys advising construction clients, partners overseeing project agreements, owners managing construction projects, associates and paralegals assisting in contract preparation, and legal assistants facilitating document management. By following this contract format, users can ensure compliance with local regulations and secure their interests throughout the construction process.
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