Contract Contractor Building Format In English In Fairfax

State:
Multi-State
County:
Fairfax
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

A permit remains valid for as long as the work is proceeding, and an inspection is performed within the last 6 months. If the work is halted or abandoned for a period of at least 6 months, the permit may be suspended. Extensions may be granted by the Building Commissioner.

Class A and B license applicants must submit a financial statement form, CPA review/audit, and a Surety Bond form. (Class A requires $45,000 net worth/equity, Class B requires $15,000 net worth/equity.) Complete the pre-license education course approved by the Board of Contractors.

Compliance with a notice of violation notwithstanding, the building official may request legal proceedings be instituted for prosecution when a person, firm or corporation is served with three or more notices of violation within one calendar year for failure to obtain a required construction permit prior to ...

A building permit is required for all new residential, commercial, and industrial construction – including alterations and equipment installations in Fairfax County.

So the information here is what is happening now. You can always check with your local permit office for current approval times. For a typical project in Fairfax County (public utilities, no RPA or Flood Zone, no full geotech report required, etc), you can expect your permit to be approved in 4 – 8 weeks.

Permits are typically required for the following projects: alterations to existing commercial structures; commercial structures; carport enclosures; decks; demolition; electrical systems; finished basements; garages and sheds; HVAC systems; mobile homes; plumbing systems; pools, spas and hot tubs; renovations; ...

A Class A contractor performs on projects $120,000 or more, or more than $750,000 over 12 months. Class B is for projects over $10,000 (but less than $120,000) or more than $150,000 over 12 months. Class C contractors license is for projects over $1,000 (less than $10,000).

Below are eight important points to consider including in an independent contractor agreement. Define a Scope of Work. Set a Timeline for the Project. Specify Payment Terms. State Desired Results and Agree on Performance Measurement. Detail Insurance Requirements. Include a Statement of Independent Contractor Relationship.

In order to become licensed as a Contractor (Class A, Class B, or Class C), applicants must complete eight hours of pre-license education. For Class A and Class B applicants, the pre-license education must be completed by a member of responsible management or the designated employee.

You can use any edition of references and Code books as they become available. However, for Code questions, the examination will be based only on the edition of the Code book that is listed. NOTE: All examinations are open book. You must bring your own references as they are not provided at the test site.

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Contract Contractor Building Format In English In Fairfax