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Cost Plus Contract - Cost Plus Percentage Contract - Building Contract

When to Use this Agreement

Use this cost plus contract agreement when a Contractor agrees to provide project management services to another party on a cost plus percentage basis.

The Contractor agrees to supply efficient business administration of the project, ensure an adequate supply of staff and materials and to perform the work in a most expeditious, economical and professional manner.

The Project owner agrees to reimburse the contractor for all costs incurred in providing the management services as defined in the cost plus contract agreement. Such reimbursement shall be in addition to the building contractor's fee.

This cost plus contract defines the obligations of each party under contract and will provide you with strong legal recourse in the event of a misunderstanding arising, and/or the other party fails to fulfil its obligations while under contract. It is drafted in plain English, is easy to follow and quick to complete

The Contract includes the following provisions -

  • The Parties
  • Work to be performed
  • Compensation
  • Permits
  • Sub Contractors
  • Insurances
  • Workers Compensation
  • Accounts
  • Indemnification
  • Termination
  • Arbitration
  • Amendment
  • Waiver Of Contractual Right
  • No Representations
  • Interpretation
  • Advice Of Legal Counsel
  • Invalid Provisions
  • Automatic Renewal
  • Further Assurances
  • Entire Agreement
  • Applicable Law

 

View Sample Document

 Cost plus Percentage Contract Agreement


 

 
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