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Contract templates: The basics A contract should include at least the following "4 must haves": The intention of the contract: why do they enter into a business relationship. The agreement: what is the object of the business relationship. The consideration: what is the remuneration for the object.
Steps to Create the Contract Letter of Proposal. Once you understand the scope of the project you will send your client a Letter of Proposal. ... Handshake. A simple handshake is not legally binding and provides no legal protection at all. ... Letter of Intent. ... Letter of Agreement. ... Architect-Prepared Contract. ... Contract Documents.
Minimum Contract Contents A description of the project for which the client is seeking services. A description of the services to be provided by the architect to the client. A description of any basis of compensation applicable to the contract and the method of payment agreed upon by both parties.
The basic elements that should be addressed in an agreement between an owner and architect include (1) the owner's objectives for the project, (2) the architect's scope of services and a description of the drawings or other deliverables the architect is to furnish; (3) the fees to be paid for providing those services ...
Contract time is the maximum time allowed in the contract for completion of all work contained in the contract documents.