Contract Cost Plus Agreement With Canada In Wayne
Category:
State:
Multi-State
County:
Wayne
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Agreement with Canada in Wayne is a detailed construction contract outlining the roles and responsibilities of the Contractor and the Owner. The agreement stipulates that the Contractor will provide all labor and materials necessary for constructing the Project as per the specified plans and specifications. Importantly, it includes provisions for obtaining necessary permits, addresses soil condition liabilities, and details the required insurance coverage. Owners can request changes to the scope of work through written Change Orders, which may incur additional costs. Payment terms are outlined, including a cost-plus structure where the Owner pays the actual costs of materials plus a fixed fee for services. Late payment penalties are specified, along with warranty limits for workmanship defects. This form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear structure for construction projects, ensuring compliance with legal standards and protecting all parties involved.
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FAQ
CCDC contracts are ubiquitous in the construction industry. They are used for all manner of different project types and sizes, so much so that familiarity with these documents is almost becoming required to do business in Ontario's construction industry. There are currently around 14 types of CCDC format contracts.
Generally, a contract is binding when the following is true: the parties intend to make a contract. there is an offer and an acceptance. the parties receive something in return for their promises.
The CCA specifically handles documents affecting the contractor to sub-contractor relationships while the CCDC documents typically handle contractor to owner relationships. Contracts Covered: CCA 1.
