Construction Contracts For Dummies In Hillsborough

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

Description

The Construction Contract is a formal agreement outlining the terms between a Contractor and an Owner for a construction project in Hillsborough. It details the scope of work, specifying the labor and materials needed to complete the project according to the agreed plans and specifications. The document also identifies the work site and underscores that the Contractor is responsible for obtaining necessary permits, while the Owner is liable for any additional site conditions and associated costs. It includes provisions for insurance coverage that the Contractor must maintain, as well as a requirement for the Owner to provide a boundary survey and a title opinion before construction begins. Changes to the project scope can be made via written Change Orders, which may affect costs that the Owner must cover. Payment terms are clearly stated, including options for cost-plus or fixed fee arrangements, and penalties for late payments are established. The Contractor offers a limited warranty on workmanship for one year, transferring manufacturer warranties on materials to the Owner. This contract is beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured approach to drafting and understanding essential agreements in construction projects, ensuring all parties' responsibilities and liabilities are clarified.