Building Contract For Homeowners In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

This form is a Construction Contract. The form contains the following subjects: scope of work, work site, and insurance. The contractor's warranty is limited to defects in workmanship within the scope of the work performed by the contractor.


What is a Construction contract agreement?


If you’re planning to build, renovate or reconstruct your house, you will need to enter into a contract for home construction with the building contractor, defining your mutual rights and responsibilities. This agreement contains project specifics, the contractor’s license and insurance details, the requested scope of work, etc. It may also determine the potential lien on the property should the work not be paid in full.


Types of construction contracts


Depending on the payment arrangements determined by parties, there are four basic types of home builders’ contracts:


1. Fixed price (or lump-sum) agreements set the price for the completed job right from the start. Although fixed, the document may also include provisions defining penalties (for example, if the constructor fails to finish the work on schedule).


2. Cost plus construction agreements set the price for the finished work based on building materials and labor with additionally mentioned “plus” (a percentage of the total costs or a fixed fee).


3. Time and material agreements set the price for the work without a “plus,” but the client pays the contractor a daily or hourly rate while they are under contract.


4. Unit-price agreements are standard in bidding, particularly for federal building projects. Both owner and contractor define the price that the contractor charges for a standard unit without any specific extra fees for other units.


The first two types of contract for home construction mentioned are the most popular ones. Let’s take a closer look at them.


Fixed price vs. cost-plus contract benefits


The fixed price agreement benefits owners more than builders, as it determines at the moment the parties seal the deal the exact price the contractor will get after they complete all the work. Builders risk not getting the estimated profits they initially anticipated, as expenses may increase significantly but remain the constructor’s responsibility.


The cost-plus construction deal contains the evaluation of the final project cost; however, it doesn’t determine the final contract price until the contractor completes all the work. Unlike the fixed-price agreement, it separates expenses and sets the profit rate (as a percentage of the final project cost or as a flat amount), so contractors prefer this type of agreement; it is riskier for homeowners.


Information you should provide in the construction contract agreement


The presented Construction Contract for Home is a universal multi-state construction contract template. This sample describes typical terms for a home building contract. Download a printable document version from our website or amend and fill it out online. Make sure to provide the following information:


• Name and contact details of the contractor and their license number;


• Name and contact details of the homeowner;


• Property legal description from county clerk’s records;


• Project description with blueprints and building specifications;


• Scope, description of work, and its estimated final dates;


• Costs of work and responsibilities of parties for any breach of contract.

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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

If you carry out a renovation project that requires a building permit without having one, the town can issue a “Stop Work” and or a “Cease and Desist” order, which remains in effect until you obtain a permit.

The Rules of the City of New York §101-14 requires that backyard sheds meet the following requirements: Size: Up to 120 square feet – no permits needed. Above 121 square feet – plans, approval, and permits required.

New York state law requires a contractor to provide a written contract for home improvement work. The contract should include a timeline for work to be completed, a payment schedule and as many specifics as possible about the project, such as types or brands of materials.

If all documentation is received and insurance papers are in order usually within a day or two. However, new construction, major additions, and other permits could take up to two weeks depending on workload.

A New York State licensed Professional Engineer (PE) or Registered Architect (RA) must submit construction plans to obtain a permit. A Department plan examiner will review the plans for any legal/zoning objections. When objections are satisfied, the Department will approve the application.

Yes, you need a general contractor license to operate in many regions of the State of New York. However, contractor licensing happens at the county and city levels, so before you begin a project, you will need to determine the specific requirements for the region in which you want to work.

Finally, you can also check state-issued licenses by contacting the DOL at (518) 457-9000 and (888) 469-7365.

Thankfully, there are several options available to you for solving disputes against a contractor, some of these include submitting a complaint to the New York City Department of Consumer and Worker Protection (also known as the DCWP/DCA), and filing a lawsuit in small claims court.

More info

All contractors who build one-, two-, and three-family homes must register with the Department to obtain New Building permits. Are you a homeowner or a landlord in need of financing for repairs?The Bronx NHS can help! This article is about the process and protocols for building a house in New York City including some of the bureaucracy. Instructions to Applicant. A building permit is required for the construction, renovation, alteration, repair, relocation, demolition, use, and occupancy. Search 25284 Bronx general contractors to find the best general contractor for your project. To apply, home improvement contractors must fill out this application and provide: Notarized proof of experience. Child support certification. Instructions to Applicant.

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Building Contract For Homeowners In Bronx