What is a standard form contract? While many contracts are entirely purpose made, standard form contracts consist of standardised, pre-written terms and conditions. Because standard form contracts are familiar to people in an industry, they often function effectively without the need for much negotiation.
There are certain provisions that contractors and other construction professionals are statutorily required to include in construction contracts, such as displaying your professional contractor's license number, a construction lien law disclosure, and a construction recovery fund disclosure.
A standard form contract will typically be one prepared by one party to the contract and not negotiated between the parties—it is offered on a 'take it or leave it' basis.
Standard-form contracts are pre-drafted templates with standard terms and conditions popular in similar transactions. By using a standard form, parties can save time and resources negotiating individual contract terms. It can be especially beneficial in industries with frequent transactions and similar terms.
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.
HB 623 – General, Building, and Residential Contractors On April 15, 2024, Governor DeSantis signed HB 623 into law. The law protects new home buyers by requiring builders to provide a mandatory builder warranty for newly constructed homes.
The JCT Standard Building Contract is designed for large or complex construction projects where detailed contract provisions are needed. Standard Building Contracts are suitable for projects procured via the traditional or conventional method.
Standard Form Contracts are agreements that employ standardised, non-negotiated provisions, usually in pre-printed forms. These are sometimes referred to as 'boilerplate contracts', 'contracts of adhesion', or 'take it or leave it' contracts.
Florida Statute 489.103 requires building permits to be issued to licensed contractors. As an owner of your property, you may act as your own contractor through a specific exemption to contracting law. Owner's applying for their own permit must fill out an Owner/Builder Disclosure Statement as required by Florida law.