Construction Cost Contract Plus Withdrawal In Wayne
Category:
State:
Multi-State
County:
Wayne
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Cost Contract Plus Withdrawal in Wayne is designed to establish a clear agreement between the Contractor and the Owner regarding the construction of a residential project. It outlines the scope of work, specifying that the Contractor will provide all necessary labor and materials according to the Owner's selected plans. The contract stipulates that the site for construction is owned by the Owner and details the responsibilities related to obtaining permits and handling soil conditions at the Work Site. It includes clauses on insurance, expenses incurred for project changes, and payment terms, whether based on a cost-plus or fixed-fee structure. Additionally, it establishes penalties for late payments and a warranty period covering defects in workmanship. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured framework for construction agreements, ensuring that all parties understand their rights and obligations, and mitigates potential disputes during the project lifecycle.
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FAQ
The consumer's written notice of cancellation must be sent to the contractor at the address specified in the contract or offer. If the notice is given by mail, it is effective when it is deposited in the mail, properly addressed, with postage prepaid.
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
