Home Additions Mississippi With Basement

• Category: Construction - Contractors
• State: Mississippi
• Control #: MS-00462A
• Format: Word; Rich Text

Description

The Construction Contract for home additions in Mississippi, particularly those with a basement, establishes a formal agreement between the Contractor and the Owner for constructing or improving a residence. This contract outlines the scope of work, including all necessary labor and materials, while emphasizing that detailed drawings and specifications are integral to the agreement. It specifies the work site location and includes timelines for project commencement and completion, ensuring that both parties understand the timing expectations. Key features include provisions for obtaining necessary permits, managing soil conditions, and detailing insurance requirements to protect against potential liabilities. Notably, change orders allow the Owner to make modifications to the project scope, ensuring flexibility throughout construction. Payment terms are clearly defined, accommodating both cost-plus and fixed fee structures, while also addressing late payment penalties and breach of contract scenarios. This form serves as a valuable tool for various legal professionals, including attorneys and paralegals, by providing a clear framework for contractual obligations and rights in the construction process, thereby aiding in dispute resolution and compliance with Mississippi law.