Create your Cost Plus or Fixed Fee Contract from scratch

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Here's how it works

01. Start with a blank Cost Plus or Fixed Fee Contract
Open the blank document in the editor, set the document view, and add extra pages if applicable.
02. Add and configure fillable fields
Use the top toolbar to insert fields like text and signature boxes, radio buttons, checkboxes, and more. Assign users to fields.
03. Distribute your form
Share your Cost Plus or Fixed Fee Contract in seconds via email or a link. You can also download it, export it, or print it out.

Build Cost Plus or Fixed Fee Contract from the ground up with these comprehensive guidelines

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Step 1: Get started with DocHub.

Start by signing up for a free DocHub account using any offered sign-up method. Just log in if you already have one.

Step 2: Register for a 30-day free trial.

Try out the entire collection of DocHub's pro tools by registering for a free 30-day trial of the Pro plan and proceed to build your Cost Plus or Fixed Fee Contract.

Step 3: Build a new empty form.

In your dashboard, hit the New Document button > scroll down and choose to Create Blank Document. You will be redirected to the editor.

Step 4: Organize the document’s layout.

Use the Page Controls icon indicated by the arrow to toggle between different page views and layouts for more convenience.

Step 5: Start inserting fields to create the dynamic Cost Plus or Fixed Fee Contract.

Use the top toolbar to add document fields. Insert and configure text boxes, the signature block (if applicable), add photos, and other elements.

Step 6: Prepare and configure the incorporated fields.

Arrange the fields you incorporated per your preferred layout. Modify each field's size, font, and alignment to make sure the form is straightforward and professional.

Step 7: Finalize and share your form.

Save the completed copy in DocHub or in platforms like Google Drive or Dropbox, or design a new Cost Plus or Fixed Fee Contract. Distribute your form via email or use a public link to engage with more people.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
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A cost plus contract guarantees profit for the contractor. It is stated in the contract that the contractor will be reimbursed for all costs and still generate a profit. Conversely, a fixed price contract establishes a projects price beforehand.
A: As an example, a cost-plus contract may establish that the total estimated cost of a building project is $10 million plus a fixed fee of $1.5 million, roughly 15% of the total cost, as the contractors profit. So the total expense to the buyer would be approximately $11.5 million the cost plus the fee.
A fixed-price contract is a contractual agreement with a predetermined value for the goods or services provided. A fixed-price contract sets the terms of a project and establishes the price of goods or services. It outlines exactly what the seller is required to do and the sellers obligations for a firm price.
Fixed price (FP) agreements have fixed payments based on a milestone payment schedule or the submission of deliverables. Cost reimbursement (CR) agreements are paid as costs are incurred and invoiced, typically monthly or quarterly.
Two common types of contracts are fixed-price, for which the projects total cost is predetermined, and cost-plus, for which expenses are estimated but the final price is determined at the projects end. Profit is also handled differently, with varying levels of risk.
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Related Q&A to Cost Plus or Fixed Fee Contract

A cost-plus-fixed-fee contract is a cost-reimbursement 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.
One of the biggest cons is the potential for project costs to spiral out of control. Since the contractors fee is fixed regardless of expenses, there may be little incentive to keep costs under control. Another downside is that it can be challenging to accurately estimate the total cost of a project upfront.
A cost-plus contract is one in which the contractor is paid for all of a projects expenses plus an additional fee for the job. The additional fee is intended to be the contractors profit.

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