Encost Plus Contract Template – Suppose a contractor charges a 20% markup on $1 million spent to produce a product/service. The contractor estimates the project cost, but the actual project cost is. This means the customer must pay 20% of the 1 million or, in other. This document is written to be a cost plus contract.

Editable sample blank word template. 2.1 the term “project cost”, as used herein, shall include any and all fees and expenses incurred in the course of construction of the project, including all costs of labor,. Ready to fill out, print and sign. Plus a base fee or a percentage of overall costs.

Encost Plus Contract Template

Encost Plus Contract Template

Can get started quickly on jobs with many. This resource is an invaluable guide to using cost plus contracts. For jobs with a lot unknowns, contractor does not have to pad the price for uncertainty.

It is not a “fixed price” contract.

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