This form is designed for use between Renovation Contractors and Property Owners and may be executed with either a cost plus or fixed fee payment arrangement. This contract addresses such matters as change orders, work site information, warranty and insurance. This form was specifically drafted to comply with the laws of the State of Colorado.
Contractor Renovation Contract Forum
Category:
State:
Colorado
Control #:
CO-00462-16
Format:
Word
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How to fill out Colorado Renovation Contract For Contractor?
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A payment schedule should contain all of the information you need to plan out anticipated and actual payments:The name of the contractor or vendor.Description of the work or materials.Amount of the payment due.Due date for the payment.Actual amount paid.Actual payment date.Payment method.Notes.
7 Things Every Remodeling Contract Must HaveA description of the project.How (and how often) the contractor will be paid.Lien waivers.Approximate project dates.A procedure for changes.An escape hatch.Signatures.
8 Things Every Remodeling Contract Should HaveScope of Work, Selection Sheet and Drawings.License Number and Insurance.Description of Change Orders.Warranty information.Subcontractor Agreements.Payment schedule.Completion Schedule / Timeline.Clauses Required by Law.
What Should Be in a Construction Contract?Identifying/Contact Information.Title and Description of the Project.Projected Timeline and Completion Date.Cost Estimate and Payment Schedule.Stop-Work Clause and Stop-Payment Clause.Act of God Clause.Change Order Agreement.Warranty.More items...
What Your Remodeling Contract Should SayCheck Contract Basics. The basic job of a contractor agreement is to spell out the scope of the project's work.Set a Payment Schedule.Schedule Start and End Dates.Specify Change Orders.Research Your Arbitration Options.Turn Down the Contractor's Warranty.