Contract Cost Plus Agreement With Us In Massachusetts
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Construction Law and the 'Right to Cure' Statute of Limitations Massachusetts 6 years for contracts 3 years for torts Michigan 6 years for contracts 3 years for torts 1 year for injury resulting from gross negligence Minnesota 2 years from discovery of injury for contracts or torts Mississippi 3 years for contracts and torts47 more rows
The main obligation arising from the contract is to complete the specific work, in ance with the agreed terms and specifications as well as the conditions required by the standards.
Owner to Prime Contractor (Public): 15 days after receipt of invoice. If the entity is a commonwealth entity, payments must be made within 30 days. Final payment is due 65 days after invoice.
As a general rule of thumb your contractor rate should be at least 50% more than you'd get for the same work as an employee.
The HIC programs require all home improvement contractors to register with the Commonwealth, process consumer complaints, maintain an arbitration program for resolving disputes and compensate consumers up to $25,000 for unpaid judgments from the Guaranty Fund.
