The Construction Contract is a legally binding agreement established between a Contractor and an Owner for the purpose of constructing a residential project in Hillsborough, Oregon. Key features of the contract include a detailed scope of work, identification of the work site, and the obligation of the Contractor to secure necessary permits. It addresses soil conditions and limits the Contractor's liability in cases of adverse soil issues. Additionally, the contract outlines insurance requirements for the Contractor, necessitating general liability and worker's compensation coverage, and mandates the provision of surveys and title opinions before construction begins. The form allows for changes to the project scope through written Change Orders, with potential additional costs incurred by the Owner. Payment terms can be structured as cost plus or fixed fee, with provisions for late payment penalties and a warranty limited to defects in workmanship for one year. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in the construction industry, providing a structured and comprehensive framework to navigate construction agreements and ensure compliance with local regulations.