Cost Plus Contract For Construction In Washington

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-00462
• Format: Word; Rich Text

Description

The Cost Plus Contract for Construction in Washington is a comprehensive formal agreement between a contractor and an owner that outlines the terms for a construction project. It specifies that the owner will pay the contractor for the actual costs of materials plus a predetermined fee for services rendered. Key features of the contract include sections on the scope of work, work site conditions, permits, insurance requirements, and warranties. It allows for changes to the scope of work through written change orders, ensuring flexibility in adjusting project demands. Users should fill in the specific project details, including the cost amounts and payment schedule. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction and real estate, providing clarity on financial obligations and legal protections. It is essential for ensuring compliance with local regulations and managing expectations regarding cost variations due to changes in project scope.