Michigan Laws 18.1240 – Cost plus construction contract; conditions
Current as of: 2023 | Check for updates
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A cost plus construction contract shall not be entered into unless all of the following occur:
(a) The contract cost is less than $50,000.00.
Terms Used In Michigan Laws 18.1240
- Contract: A legal written agreement that becomes binding when signed.
(b) The contract is for emergency repair or construction caused by unforeseen circumstances.
(c) The repair or construction is necessary to protect life or property.
(d) The contract complies with the contract requirements of the department of civil rights.