Cost Plus Contract Template UK

The Cost Plus Contract Template UK is offered in several formats, including PDF, Word, and Google Docs, featuring both editable and printable versions for your convenience.


Sample

Cost Plus Contract Template UK

Editable – Printable



Cost Plus Contract Template UK

1. Client Information


2. Contractor Information


3. Project Details


4. Scope of Work

5. Cost Structure

6. Payment Schedule

7. Change Orders

8. Insurance Requirements

9. Terms and Conditions

10. Dispute Resolution

11. Amendments

12. Signatures and Agreement




PDF


WORD

Examples


Cost Plus Contract Template UK (1)
Between:
[Name of the Client]
[Client’s ID]
[Client’s Address]
[Client’s Phone]
[Client’s Email]
And:
[Name of the Contractor]
[Contractor’s ID]
[Contractor’s Address]
[Contractor’s Phone]
[Contractor’s Email]
Introduction:
This Cost Plus Contract establishes the terms under which the Contractor will complete the project for the Client, including reimbursement of costs plus a fee, starting on [Start Date].
Clause 1: Scope of Work
The Contractor agrees to perform the following work: [Detailed description of the project, including objectives, specifications, and deliverables].
Clause 2: Cost and Reimbursement
The Client agrees to reimburse the Contractor for all reasonable costs incurred in the performance of the work, plus a fee of [Percentage or Amount] as compensation for overhead and profit.
Clause 3: Payment Schedule
Payments will be made based on [Specify schedule, e.g., monthly invoicing or upon milestone completion]. Invoices should contain detailed breakdowns of incurred costs.
Clause 4: Changes to the Scope of Work
Any changes to the scope must be agreed upon in writing and may result in adjustments to the contract sum and schedule.
Clause 5: Termination
This contract may be terminated by either party with [Notice Period, e.g., 30 days] written notice under circumstances including but not limited to breach of contract or failure to perform obligations.
Clause 6: Dispute Resolution
In the event of a dispute, both parties agree to engage in mediation before initiating any legal proceedings.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Client]
[Name of the Client]
[Signature of the Contractor]
[Name of the Contractor]
Cost Plus Contract Template UK (2)
Between:
[Name of the Client]
[Client’s ID]
[Client’s Address]
[Client’s Phone]
[Client’s Email]
And:
[Name of the Contractor]
[Contractor’s ID]
[Contractor’s Address]
[Contractor’s Phone]
[Contractor’s Email]
Introduction:
This Cost Plus Contract outlines the responsibilities and commitments of both parties in the execution of the agreed project, commencing on [Start Date].
Clause 1: Services to Be Provided
The Contractor will undertake the following services: [Detailed list of services, such as project management, labor, materials procurement, and any specific project requirements].
Clause 2: Costs Covered
The Client will cover all legitimate costs, including labor, materials, equipment, and any other applicable expenses, plus an agreed-upon fee of [Specify fee structure].
Clause 3: Payment Terms
Payments will be made as follows: [Detail the invoicing process, frequency, and any conditions related to timely payments].
Clause 4: Modifications and Additional Work
Any modifications or additional work outside the original scope must be documented and approved in writing before the work commences.
Clause 5: Termination Conditions
Either party may terminate this contract with [Notice Period] notice if the other party fails to comply with contractual obligations.
Clause 6: Insurance Requirements
The Contractor must maintain adequate insurance coverage for the duration of the contract, including general liability and workers’ compensation insurance.
Clause 7: Applicable Law
This contract shall be interpreted in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Client]
[Name of the Client]
[Signature of the Contractor]
[Name of the Contractor]

Printable



Cost Plus Contract Template UK