Document background
The Cost Plus Construction Agreement is primarily utilized in complex construction projects under Dutch law where the exact scope or costs cannot be definitively established at the outset. This contract type provides flexibility for scope adjustments while ensuring transparency in cost management and contractor compensation. It is particularly relevant for projects involving innovative designs, renovation works, or circumstances where unforeseen conditions are likely. The agreement includes comprehensive provisions for cost verification, project management, quality control, and risk allocation, all aligned with Dutch construction laws and regulations. It establishes clear procedures for cost documentation, approval processes, and fee calculations while incorporating necessary safeguards for both employer and contractor. The document ensures compliance with Dutch Civil Code requirements and construction industry standards while facilitating effective project execution and cost control.
