Cost plus construction contract: Fill out & sign online

Here's how it works

01. Edit your cost plus home construction contract online

01. Edit your general contractor cost plus percentage online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send what is cost plus in construction via email, link, or fax. You can also download it, export it or print it out.

The easiest way to edit Construction Contract Cost Plus or Fixed Fee - Idaho in PDF format online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Handling documents with our feature-rich and user-friendly PDF editor is easy. Adhere to the instructions below to complete Construction Contract Cost Plus or Fixed Fee - Idaho online quickly and easily:

Sign in to your account. Log in with your credentials or create a free account to try the service prior to choosing the subscription.
Import a form. Drag and drop the file from your device or import it from other services, like Google Drive, OneDrive, Dropbox, or an external link.
Edit Construction Contract Cost Plus or Fixed Fee - Idaho. Easily add and highlight text, insert pictures, checkmarks, and signs, drop new fillable fields, and rearrange or remove pages from your paperwork.
Get the Construction Contract Cost Plus or Fixed Fee - Idaho accomplished. Download your modified document, export it to the cloud, print it from the editor, or share it with other participants through a Shareable link or as an email attachment.

Make the most of DocHub, the most straightforward editor to promptly handle your paperwork online!

be ready to get more

Complete this form in 5 minutes or less

Get form

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.

Contact us

Which is an advantage of the cost-plus fixed fee contract?

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)

What is a cost-plus contract example?

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.

Is cost-plus a good idea?

For these reason I recommend avoiding cost-plus contracts in most cases. They simply carry too many risks for the owner and few benefits. They often lead to cost overruns and disputes over money. Its better to nail down as many costs as possible before starting the job and get a fixed bid.

For what kinds of projects would you recommend that a fixed-price contract be used?

The fixed-price contract is often used when dealing with a repeated process. For example, when the project will be done over and over again to a standard set in advance, a fixed-price contract is advisable for the bidding process. The costs are going to stay relatively the same throughout.

What is cost plus pricing in construction?

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.

Related forms

be ready to get more