Building Contract For Alterations And Additions In Hillsborough

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

Description

The Building Contract for Alterations and Additions in Hillsborough serves as a formal agreement between a contractor and an owner detailing the scope of work for a construction project. Key features of the contract include the definition of the scope of work, provision for obtaining necessary permits, and the handling of soil conditions at the work site. The contract also outlines insurance requirements for the contractor and specifies the need for a boundary survey and title opinion from the owner before construction begins. Owners may initiate changes to the project through written change orders, with costs adjusted accordingly. The contractor's fee can be structured as either a cost-plus arrangement or a fixed fee, and terms for late payments are addressed, including potential late charges. Additionally, the warranty section limits the contractor's responsibilities to one year for workmanship defects, while assigning material warranties to the owner. This contract is beneficial for attorneys, owners, and paralegals by providing clear guidelines and protections, ensuring compliance with local regulations, and facilitating effective communication between all parties involved in the construction process.