Home
Forms Library
Fixed price construction contract template

Construction Contract Cost Plus or Fixed Fee - New Hampshire 2025

fixed price construction contract template Preview on Page 1

See details

4.2 out of 5

48 votes

This document is a construction contract between a Contractor and an Owner, outlining the terms and conditions for the completion of a construction project. It details the scope of work, time of completion, payment structure, responsibilities regarding permits and soil conditions, insurance requirements, and procedures for changes to the project. The contract also includes clauses on late payments, destruction or damage to the project, assignment of the contract, governing law, attorney fees, performance standards, and warranty limitations.

Here's how it works

01. Edit your fixed price construction contract template 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 cost plus construction agreement via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out Construction Contract Cost Plus or Fixed Fee - New Hampshire

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open it in the editor.
Begin by filling in the Contractor and Owner details, including names and addresses, in the designated fields.
In the 'SCOPE OF WORK' section, clearly describe the project specifications and attach any relevant drawings or documents.
Specify the 'WORK SITE' address where the construction will take place, ensuring accuracy for legal purposes.
Set a timeline for 'TIME OF COMPLETION', indicating start and completion dates while considering potential delays.
Choose between 'COST PLUS' or 'FIXED FEE' payment structures and fill in the corresponding amounts in the 'CONTRACT PRICE' section.
Review all sections for completeness and accuracy before saving your document. Utilize our platform's features to sign and share your contract securely.

Start using our platform today to streamline your construction contract process for free!

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.

What is a disadvantage of a cost-plus fixed-fee contract?

Benefits of a cost-plus fixed-fee contract They allow you to explore and adjust the scope, unlike firm-fixed-price contracts. CPFF contracts foster better communication between clients and contractors, especially when both parties must work closely to guarantee contract performance.

What is a cost-plus contract in construction?

Cost plus construction contracts offer advantages like transparency, flexibility, and reduced contractor risk. They also come with drawbacks, including uncertain pricing, a higher administrative workload, and a greater risk of disputes.

What is a cost-plus fixed-fee?

A cost-plus contract is a construction agreement that requires reimbursement for project costs as well as a markup that covers the contractors overhead and profit. In other words, the name is a short-hand way of remembering what the contract covers: project costs plus contractor markup.

What percentage do contractors charge for cost-plus?

Most contracts have a cost-plus fee scale of 10-25%. A contractor would use takeoff software to calculate the materials costs, but they wouldnt need to be exact. Some companies use a cost-plus-fixed-fee (CPFF) instead of a percentage.

What is a cost-plus fixed fee construction 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.