Contract Contractor Building For Work Over $20 000 In Franklin

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

Description

The Contract Contractor Building For Work Over $20,000 in Franklin is a legally binding agreement detailing the responsibilities and expectations between a contractor and owner for a construction project exceeding $20,000. This contract includes essential sections such as the scope of work, which outlines the specific construction tasks to be completed, and the work site details that clarify the location of the project. The contract stipulates that the contractor will apply for required permits, addressing potential costs and responsibilities associated with obtaining them. It explicitly notes the contractor's lack of responsibility for soil conditions at the site, urging owners to assess these before work begins. This form also covers insurance obligations, specifying the types of coverage the contractor must maintain. Importantly, changes to the project scope must be documented through written change orders, ensuring both parties agree to additional costs. Payment terms are defined, including options for cost-plus and fixed-fee agreements, along with penalties for late payments. The warranty section limits the contractor's liability to defects in workmanship for one year. This contract is useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear framework for managing construction projects, ensuring compliance with local regulations, and protecting the interests of both parties involved.