What is cost-plus a percentage of cost?

Cost plus a percentage of cost is a method of pricing contractors use when drafting contracts with clients when they cannot provide a final cost at the time of the contract. These contracts specify how they can determine the cost of the project is without calculating the cost.

How do you write a simple construction contract?

How To Write A Construction Contract With 7 Steps Step 1: Define the Parties Involved. ... Step 2: Outline the Scope of Work. ... Step 3: Establish the Timeline. ... Step 4: Determine the Payment Terms. ... Step 5: Include Necessary Legal Clauses. ... Step 6: Address Change Orders and Modifications. ... Step 7: Sign and Execute the Contract.

What is an example of a cost-plus contract?

Examples of Cost-Plus Contracts A project is expected to cost $50,000 in materials and labor. The contract states that the customer pays a 10% fee on the final project cost. If the actual cost of the project is $56,250, then the project fee would be $5,625.

What is the cost-plus pricing rule?

Cost-plus pricing is a pricing strategy by which the selling price of a product is determined by adding a specific fixed percentage (a markup) to the product's unit cost. Essentially, the markup percentage is a method of generating a particular desired rate of return.

Is cost-plus percentage of cost illegal?

A form of contract formerly used but now illegal for use by DoD that provided for a fee or profit as a specified percentage of the contractor's actual cost of accomplishing the work to be performed. Sometimes referred to as a cost plus or percentage of cost contract.

What are the rules for cost-plus?

A cost-plus contract is an agreement where the client agrees to cover the costs of the project or service, plus an additional fee for the service provider's overhead and profit.

Is cost-plus percentage of cost prohibited?

Cost-plus-percentage-of-cost contracts have long been prohibited in government contracts. Federal Acquisition Regulation (FAR) 16.102(c) states that a cost-plus-a-percentage-of-cost system of contracting shall not be used for subcontracts under cost-reimbursement prime contracts.

Electronic Signature
Features
Contract Templates
Sign Simple Cost Plus Construction Contract Template

Instantly Sign Simple Cost Plus Construction Contract Template Online

airSlate SignNow offers a quick and affordable way to sign simple cost plus construction contract template from any place. Speed up paperwork approval processes and close deals in minutes instead of days with our intuitive and affordable solution.

Sign documents online

Learn more

Collect payments & signatures

Learn more

Add wet ink signature online

Learn more

Sign documents on iPhone or iPad

Learn more

Award-winning eSignature solution

Move your business forward with the airSlate SignNow eSignature solution

Create your signature in seconds on any desktop computer or mobile device, even while offline. Type, draw, or upload an image of your signature.

Deliver a seamless eSignature experience from any website, CRM, or custom app — anywhere and anytime.

Organize multiple documents in groups and automatically route them for recipients in a role-based order.

Collect signatures faster by sharing your documents with multiple recipients via a link — no need to add recipient email addresses.

Create unlimited templates of your most-used documents. Make your templates easy to complete by adding customizable fillable fields.

Create teams within airSlate SignNow to securely collaborate on documents and templates. Send the approved version to every signer.

See airSlate SignNow eSignatures in action

Create secure and intuitive eSignature workflows on any device, track the status of documents right in your account, build online fillable forms – all within a single solution.

Try airSlate SignNow with a sample document

Complete a sample document online. Experience airSlate SignNow's intuitive interface and easy-to-use tools
in action. Open a sample document to add a signature, date, text, upload attachments, and test other useful functionality.

sample

Checkboxes and radio buttons

Try a sample document

sample

Request an attachment

Try a sample document

sample

Set up data validation

Try a sample document

airSlate SignNow solutions for better efficiency

Keep contracts protected

Enhance your document security and keep contracts safe from unauthorized access with dual-factor authentication options. Ask your recipients to prove their identity before opening a contract to sign simple cost plus construction contract template.

Stay mobile while eSigning

Install the airSlate SignNow app on your iOS or Android device and close deals from anywhere, 24/7. Work with forms and contracts even offline and sign simple cost plus construction contract template later when your internet connection is restored.

Integrate eSignatures into your business apps

Incorporate airSlate SignNow into your business applications to quickly sign simple cost plus construction contract template without switching between windows and tabs. Benefit from airSlate SignNow integrations to save time and effort while eSigning forms in just a few clicks.

Generate fillable forms with smart fields

Update any document with fillable fields, make them required or optional, or add conditions for them to appear. Make sure signers complete your form correctly by assigning roles to fields.

Close deals and get paid promptly

Collect documents from clients and partners in minutes instead of weeks. Ask your signers to sign simple cost plus construction contract template and include a charge request field to your sample to automatically collect payments during the contract signing.

Collect signatures

24x

faster

Reduce costs by

$30

per document

Save up to

40h

per employee / month

Our user reviews speak for themselves

Kodi-Marie Evans

Director of NetSuite Operations at Xerox

airSlate SignNow provides us with the flexibility needed to get the right signatures on the right documents, in the right formats, based on our integration with NetSuite.

Check 5000+ reviews

Samantha Jo

Enterprise Client Partner at Yelp

airSlate SignNow has made life easier for me. It has been huge to have the ability to sign contracts on-the-go! It is now less stressful to get things done efficiently and promptly.

Check 5000+ reviews

Megan Bond

Digital marketing management at Electrolux

This software has added to our business value. I have got rid of the repetitive tasks. I am capable of creating the mobile native web forms. Now I can easily make payment contracts through a fair channel and their management is very easy.

Check 5000+ reviews

be ready to get more

Why choose airSlate SignNow

Free 7-day trial. Choose the plan you need and try it risk-free.
Honest pricing for full-featured plans. airSlate SignNow offers subscription plans with no overages or hidden fees at renewal.
Enterprise-grade security. airSlate SignNow helps you comply with global security standards.

Start free trial

How to execute a straightforward cost plus construction contract template and conclude the agreement without holdups.

Finalizing agreements promptly and securely is crucial for enterprises in every sector, signNowly influencing revenue and enhancing workflows. Digital signing presents an efficient method to streamline processes while safeguarding confidential documents. When the moment arrives to execute a straightforward cost plus construction contract template, airSlate SignNow stands out as the best option. This intuitive, cost-effective platform adheres to all industry regulations, guaranteeing the highest level of security and legal adherence for electronic signatures so you can endorse your documents effortlessly and without postponement.

Follow these steps to prepare and execute a straightforward cost plus construction contract template with airSlate SignNow:

Access your account. If you’re new to our service, establish an account and explore the platform during the 7-day complimentary trial.
Select +Create and upload a document from your device, cloud storage, secure link, or our Document Repository.
Insert fillable sections for each party to provide pertinent agreement information and assign them to the relevant participants.
Click My Signature -> Add New Signature and authorize the document on your end with a typed or drawn legally binding signature.
Include Date and Time, Initials, and Signature fields for other parties to sign your documents.
Click Continue to transmit secure eSigning invitations and initiate payment requests from your recipients upon document completion.

airSlate SignNow optimizes the signing experience, delivering efficiency and oversight over your documents. Discover the advantages of seamless, scalable online contract management with no concealed charges. Register for a free trial today and enhance your enterprise with advanced eSignature solutions!

How it works

Upload a document

Edit & sign it from anywhere

Save your changes and share

airSlate SignNow features that users love

Speed up your paper-based processes with an easy-to-use eSignature solution.

Edit PDFs
online

Generate templates of your most used documents for signing and completion.

Learn more

Create a signing link

Share a document via a link without the need to add recipient emails.

Learn more

Assign roles to signers

Organize complex signing workflows by adding multiple signers and assigning roles.

Learn more

Create a document template

Create teams to collaborate on documents and templates in real time.

Learn more

Add Signature fields

Get accurate signatures exactly where you need them using signature fields.

Learn more

Archive documents in bulk

Save time by archiving multiple documents at once.

Learn more

Connect airSlate SignNow to your apps

Check out airSlate SignNow integrations

Data accuracy, security, and compliance

airSlate SignNow is committed to protecting your sensitive information by complying with global industry-specific

Learn more about security

be ready to get more

Get legally-binding signatures now!

Start your free trial

FAQs

Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

Need help? Contact support

What active users are saying — sign simple cost plus construction contract template

Get access to airSlate SignNow’s reviews, our customers’ advice, and their stories. Hear from real users and what they say about features for generating and signing docs.

I've been using airSlate SignNow for years (since it...

5

Susan S

I've been using airSlate SignNow for years (since it was CudaSign). I started using airSlate SignNow for real estate as it was easier for my clients to use. I now use it in my business for employement and onboarding docs.

Read full review

Everything has been great, really easy to incorporate...

5

Liam R

Everything has been great, really easy to incorporate into my business. And the clients who have used your software so far have said it is very easy to complete the necessary signatures.

Read full review

I couldn't conduct my business without contracts and...

5

Dani P

I couldn't conduct my business without contracts and this makes the hassle of downloading, printing, scanning, and reuploading docs virtually seamless. I don't have to worry about whether or not my clients have printers or scanners and I don't have to pay the ridiculous drop box fees. Sign now is amazing!!

Read full review