US Legal Forms
Localized Forms
Florida
Tampa
Florida Construction Contract Cost Plus or Fixed Fee

Tampa Florida Construction Contract Cost Plus or Fixed Fee

Name: Tampa Florida Construction Contract Cost Plus or Fixed Fee
Brand: US Legal Forms
Rating: 4.69 (227 reviews)

Category:

Florida Construction - Contractors

State:

Florida

Control #:

FL-00462

Format:

Instant download

Upgrade to a Package! Contractor Value Package. Sixteen forms you need. Go to Package

Description

This form is a Construction Contract that may be executed with either a cost plus or fixed fee payment arrangement. The form contains the following additional subject matters and complies with the laws of the State of Florida: scope of work, work site, warranty and insurance.

How to fill out Tampa Florida Construction Contract Cost Plus Or Fixed Fee?

Finding verified templates specific to your local laws can be challenging unless you use the US Legal Forms library. It’s an online collection of more than 85,000 legal forms for both personal and professional needs and any real-life scenarios. All the documents are properly grouped by area of usage and jurisdiction areas, so locating the Tampa Florida Construction Contract Cost Plus or Fixed Fee gets as quick and easy as ABC.

For everyone already acquainted with our library and has used it before, getting the Tampa Florida Construction Contract Cost Plus or Fixed Fee takes just a few clicks. All you need to do is log in to your account, opt for the document, and click Download to save it on your device. The process will take just a couple of additional steps to complete for new users.

Adhere to the guidelines below to get started with the most extensive online form collection:

Check the Preview mode and form description. Make certain you’ve picked the right one that meets your needs and fully corresponds to your local jurisdiction requirements.
Look for another template, if needed. Once you find any inconsistency, use the Search tab above to get the right one. If it suits you, move to the next step.
Buy the document. Click on the Buy Now button and select the subscription plan you prefer. You should create an account to get access to the library’s resources.
Make your purchase. Provide your credit card details or use your PayPal account to pay for the subscription.
Download the Tampa Florida Construction Contract Cost Plus or Fixed Fee. Save the template on your device to proceed with its completion and get access to it in the My Forms menu of your profile anytime you need it again.

Keeping paperwork neat and compliant with the law requirements has significant importance. Benefit from the US Legal Forms library to always have essential document templates for any demands just at your hand!

Form Rating

4.69

Satisfied(227)

Form popularity

FAQ

Some advantages of a CPFF contract can include: The final cost may be lower than in a normal contract, as the contractor usually will not ?inflate? prices to cover risks. The contractor also has less incentive to control the project costs (in contrast to other types of contracts, such as a fixed-price contract)

plus contract is one in which the contractor is paid for all of a project's expenses plus an additional fee for the job.

Budget: A fixed-price contract is just that: fixed. The agreed-on price at the beginning of the project is the price at the end. Conversely, a cost-plus contract estimates a project's costs but doesn't set the final price until the project is completed.

Unlike a fixed-cost construction contract, a cost-plus construction agreement is a contract in which the owner pays the contractor the actual costs of the materials and labor plus an additional negotiated fee or percentage over that amount.

From Longman Business Dictionary ?fixed ?fee (also flat fee) countable a set amount paid for work or a service, that does not change with the time the work takes or the amount the service is usedQuebec doctors get a fixed fee for each medical service performed.

Cost plus fixed fee contracts can be used when both the contractor and the owner agree that the contractor is entitled to a fee in addition to the project expenses.

plusfixedfee contract is a costreimbursement contract that provides for payment to the contractor of a negotiated fee that is fixed at the inception of the contract. The fixed fee does not vary with actual cost, but may be adjusted as a result of changes in the work to be performed under the contract.

812.014.? According to Florida Statute § 486.126, if a contractor accepts more than a ten percent down payment, he must apply for permits within thirty days after the date payment is made, and start the work within 90 days after all necessary permits are issued.

The specific contract types range from firm-fixed-price, in which the contractor has full responsibility for the performance costs and resulting profit (or loss), to cost-plus-fixed-fee, in which the contractor has minimal responsibility for the performance costs and the negotiated fee (profit) is fixed.

More info

What is a cost-plus contract and how is it used in the construction industry? NHCS, LLC (New Horizon Construction Services) is a licensed, bonded and insured MBE General Contractor located in Central Florida.Sum contract is one in which the homeowner pays the contractor an agreedupon price for a specific result. How is the job value for permit and plan review fees determined? Hiring a contractor without a license might cost less, but it could result in repairs, fines, and even legal fees. More than 80 Attend FDOT Section 7B Pre-construction Public Meeting. Qualified homebuyers receive up to 3 percent of the loan amount for down payment and closing costs, plus a loan with a competitive interest rate. Order Online Tickets. Roofing shingles and materials, plus factory-certified roofers (including ratings from real homeowners!) from North America's largest roofing manufacturer. A community of solvers combining human ingenuity, experience, technology and products to help organizations build trust and deliver sustained outcomes.

Tampa Florida Construction Contract Cost Plus or Fixed Fee

Description

Related forms

How to fill out Tampa Florida Construction Contract Cost Plus Or Fixed Fee?

Show more info

Form Rating

Form popularity

FAQ

What is a good reason for a buyer to use a cost-plus fixed fee contract?

What does cost-plus mean in a contract?

What is the difference between cost-plus and fixed fees?

What is cost-plus pricing in construction?

What is a fixed fee?

When would you use a cost-plus fixed fee contract?

What is cost-plus fixed fee contract?

How much can a contractor ask for upfront in Florida?

What is the difference between a firm fixed-price contract and a cost-plus fixed fee contract?

More info

Trusted and secure by over 3 million people of the world’s leading companies