Building Contract For Alterations And Additions In Franklin

• Category: Construction - Contractors
• State: Multi-State
• County: Franklin
• Control #: US-00462
• Format: Word; Rich Text

Description

The Building Contract for Alterations and Additions in Franklin is designed to formalize the agreement between a contractor and an owner for construction work. It includes sections outlining the scope of work, which details the required labor and materials in accordance with specified plans. The contract mandates the contractor to secure necessary permits and approvals, clarifies responsibilities related to soil conditions, and emphasizes insurance requirements to protect both parties. Additionally, it addresses the process for modifying the scope of work through written change orders and outlines the contractor’s fee, which may be based on a cost-plus or fixed-fee structure. A late payment clause is included, specifying penalties for delays. Finally, it provides a limited warranty for the contractor's workmanship, valid for one year. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects, as it aids in clarifying responsibilities and protecting the rights of both parties within the legal framework of construction contracts.