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General Contractor Agreement - Cost Plus Fee

ABOUT THIS DOCUMENT

This document is an agreement between a general contractor and a client that outlines the terms of service. The agreement contains provisions regarding pricing, timing of the project, insurance issues, and many other customizable features. This particular agreement is a cost plus fee agreement whereby the contractor charges a flat fee for materials and labor as well as fees for the contractor's services. This document is ideal for general contractors or for individuals and entities that want to employ the services of a general contractor to complete a specific construction project on a cost plus fee basis.

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Text Version

This document is an agreement between a general contractor and a client that outlines

the terms of service. The agreement contains provisions regarding pricing, timing of the

project, insurance issues, and many other customizable features. This particular

agreement is a cost plus fee agreement whereby the contractor charges a flat fee for

materials and labor as well as fees for the contractor's services. This document is ideal

for general contractors or for individuals and entities that want to employ the services of

a general contractor to complete a specific construction project on a cost plus fee basis.

GENERAL CONTRACTOR COST PLUS FEE CONTRACT

This General Contractor Cost Plus Fee Contract (this “Contract”) is hereby entered into

on this ______ day of ________, __________ by and between _____________________

(“Client”) and _________________ (“General Contractor”).



ARTICLE 1

CONTRACT DOCUMENTS



The Contract Documents shall be comprised of the following: the Construction Contract,

Conditions of the Contract, Addenda, Drawings, Photos or other visual representations of the

proposed work, and any attached written Modifications to this Contract, properly signed and

witnessed.



This Contract, itself, is representative of the whole and complete agreement between

Client and General Contractor and supersedes all prior oral and written agreements. This

Contract and is modifiable only by the properly documented written consent of both parties.



ARTICLE 2

SERVICES AND LABOR



General Contractor agrees to provide all necessary services, materials and labor necessary

for the completion of: _______________________ [Project description] (the “Project”). This

includes building and construction materials, requisite labor and site security, and all necessary

tools and machinery needed for Project completion. All construction materials should be new

and of the highest quality, unless previously specified by Client.



ARTICLE 3

SCHEDULE AND TIME OF PERFORMANCE



General Contractor shall begin work on _________ to be completed by ___________

(the “Deadline Date”).



As this Project is time sensitive, General Contractor shall be assessed a fee of

___________ dollars ($__) per day that work is not completed after the Deadline Date, unless

Client consents to a specified extension. Additional damages shall be assessed and liquidated

damages shall be deducted from the total payment amount due to General Contractor under the

payment schedule specified in this Contract.



ARTICLE 4

GENERAL CONTRACTOR’S FEE



In consideration of the performance of this Contract, Client agrees to pay General

Contractor a fee for the services as follows: [Phases/stages can be modified as necessary to fit

Project specifications].









© Copyright 2013 Docstoc Inc. registered document proprietary, copy not 2

For the performance of the design phase services, General Contractor shall receive a fee

of ___________ dollars ($__).



For work or services performed during the design phase, General Contractor shall receive

a fee of ___________ dollars ($__).



For work or services performed during the construction phase, General Contractor shall

receive a fee of ___________ dollars ($__).



At work completion General Contractor shall receive a fee of ___________ dollars ($__).



Fees shall only be adjusted upon the mutual consent of both parties due to unforeseen

events and if the parameters of the work are expended materially beyond the terms of this

Contract. This Contract and associated fees shall be modified accordingly.



ARTICLE 5

PROJECT COST



Pursuant to the terms of this Contract, the Project cost shall be defined as charges for

services provided by General Contractor and costs incurred for the Project during the design and

construction phase as paid by General Contractor.



Client agrees to pay General Contractor the Project cost as defined above in addition to

the fees detailed in Article 3.



Cost items include General Contractor’s direct personnel expenses, reasonable

transportation and traveling, moving and subsistence costs of General Contractor and General

Contractor’s officers or employees as are necessary for the services outlined in this Contract, all

supplies, equipment, and materials required for and incorporated into the Project, including

associated transportation and storage costs, all necessary payments made by the construction

manager to the trade contractors for work performed under their contract for work necessary to

the completion of this Contract, costs of all materials, supplies, temporary facilities, vehicles, and

equipment necessary to the completion of this Contract, costs of all rental equipment necessary

to the completion of this Contract, and costs of all insurance, bonds, licenses, permits and sales,

use, and gross receipts taxes that General Contractor is required to possess for the completion of

this Contract. [Specify additional costs as needed]



ARTICLE 6

COMPLETION



General Contractor sets the following schedule for work completion, with various Project

stages to be completed on specified dates. [Insert Pro
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