Home Fee Cost Plus Contract For Construction In Wayne
Category:
State:
Multi-State
County:
Wayne
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home fee cost plus contract for construction in Wayne is a legal document designed to formalize the agreement between a contractor and an owner regarding a construction project. This contract outlines the scope of work, work site, permits, insurance requirements, and conditions relating to soil and site surveys. A notable feature includes the cost-plus fee structure, where the owner pays the contractor for actual construction costs plus an agreed fee, along with provisions for possible changes to the scope of work through written change orders. The contract also specifies payment terms, including penalties for late payments and limited warranties on workmanship. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants to ensure compliance with local regulations and to maintain clear communication and expectations between parties involved in construction projects. It provides a framework to protect the interests of both the owner and the contractor while detailing responsibilities and liabilities.
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