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Construction Contract Cost Plus or Fixed Fee Maryland  Form

Construction Contract Cost Plus or Fixed Fee Maryland Form

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Instructions and help about Construction Contract Cost Plus Or Fixed Fee Maryland

how much does putting a cap on a Cost Plus contract protect you does it actually prevent the contractor from going above that amount so the short answer is it does prevent the contractor from going above that cap amount but here's the thing that most people don't realize is if you have a Cost Plus contract with a cap on it then when the contractor hits that cap it doesn't mean they have to finish your project this is the insanity of a Cost Plus contract is the agreement is it's Cost Plus not to exceed this amount but what happens if they exceed that amount well then they stop work for non-payment which is a Florida law and they're justified in doing that so doing a Cost Plus with a cap on it is a total farce don't sign a contract that's Cost Plus get an itemized fixed price contract from your contractor otherwise you're going into a bad situation that you don't want to be in

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