The Construction Cost Plus with Showtime in Riverside form is a legal contract that outlines the agreement between a contractor and an owner for a construction project. This form specifies key elements such as the scope of work, the work site, and the responsibilities regarding permits and soil conditions. It details payment structures, including options for cost-plus pricing, where the owner agrees to pay the contractor for actual material costs plus a predetermined fee. Additionally, it includes provisions for late payments, warranty, and changes to the scope of work via written change orders. This contract is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it offers a clear framework for managing construction projects and disputes. It helps ensure that all parties understand their roles, responsibilities, and financial obligations, thereby promoting successful project completion and minimizing legal issues. Filling and editing instructions are simple and require users to complete the specified sections and ensure all changes are documented through formal communication.
A Fixed Bid project is billed using a flat amount, regardless of the number of hours worked. This flat amount can be applied to the project as a whole, or to each week or month of the project.
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