Sample Of Cost Plus Contract For Construction
Description
How to fill out Home Improvement Or Remodeling Construction Contract - Cost Plus Basis Of Payment?
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FAQ
A construction contract consists of five essential elements: offer, acceptance, consideration, mutual assent, and legality. The offer outlines the project's details, while acceptance confirms the agreement from both parties. Consideration refers to the payment terms, ensuring both parties receive something of value. Mutual assent is the understanding and agreement to the contract's terms, and legality ensures that the contract complies with the law.