Cost Plus Contract In Costing In Wayne
Category:
State:
Multi-State
County:
Wayne
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Contract in Costing in Wayne is a legal document between a contractor and an owner for a construction project. This contract outlines the scope of work, including the contractor's responsibilities to provide labor and materials for the completed project. It specifies the work site and addresses the need for permits, insurance requirements, and responsibilities related to soil conditions. A key feature of this contract is the Cost Plus structure, where the owner agrees to pay for the actual costs of materials along with a predetermined fee for the contractor's services. Additionally, it allows for changes to the scope of work through written Change Orders, detailing any cost increases. The contract includes provisions for late payments and warranties on workmanship. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction law, as it provides a clear framework for negotiations and compliance in contracting scenarios.
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