Cost Plus Basis

 Home Improvement or Remodeling Construction Contract - Cost Plus Basis of Payment
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Control #:
US-02023BG
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Description Home Improvement Construction Contract Forms

A cost-plus contract is one in which the purchaser agrees to pay the cost of all labor and materials plus an amount for contractor overhead and profit (usually as a percentage of the labor and material cost). This type of contract is often used when the scope of the work is undermined or highly uncertain and the kinds of labor, material and equipment needed are also uncertain. It is important that the contractor maintain complete records of all time and materials spent by the contractor on the work.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

How To Fill Out Construction Contract Payment?

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Contract Cost Plus Form Other Form Names

Contract Cost Plus Agreement   Contract Basis Form   Contract Cost   Contract Cost Plus   Home Cost Basis Form   Improvement Cost Basis   Home Remodeling Contract  

Home Basis Form FAQ

What is a cost plus basis?

What is included in a cost plus contract?

What is an example of cost based pricing?

When should a cost plus contract be used?

What is a cost plus contract what are its disadvantages?

What is cost plus contract?

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