Construction Contract For Subcontractor In North Carolina

State:
Multi-State
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

The Construction Contract for Subcontractor in North Carolina is a legal agreement outlining the responsibilities and expectations between the contractor and the owner for a construction project. It details the scope of work, which includes all labor and materials needed to complete the project according to specified plans and specifications. The contract mandates that the contractor applies for necessary permits and clarifies that they are not responsible for soil conditions at the work site, assigning this responsibility to the owner. It also stipulates that the owner must provide a boundary survey and title opinion prior to construction. Changes to the scope of work require a written change order, and the contract allows for adjustments to the contractor's fee based on cost-plus or fixed fee structures. Additionally, it includes provisions for late payments, specifying a late charge and costs of collection. A warranty is also included, limiting coverage to defects in workmanship for one year. This contract is vital for attorneys, partners, owners, associates, paralegals, and legal assistants as it serves as a clear framework for managing expectations and liabilities between the parties involved in a construction project.
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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

The easiest kind of contractor's license is a Class “B” Contractor's License. This license allows you to do general contracting work. There are also licenses for specialty contracting work called a Class “C” Contractor's License.

If an application is submitted with a completed exam, the licensing process takes about 30 days. If an exam is required, it will depend on when exams are successfully completed. It takes about 2 to 3 weeks after exams are completed before a license to be granted.

RALEIGH, N.C. — As of October, contractors don't need to be licensed if the project costs less than $40,000 in North Carolina. The previous threshold was $30,000, a number that hadn't changed since the 1990s.

North Carolina grants owners an exemption to act as their own general contractor if they meet the following requirements. The property MUST be listed in your name. The property CANNOT be for rent, lease or sale for one year after the project is completed.

Anything below $40,000 as of October 1st, 2023, is fine. You don't have to have a general contractor license in the state of North Carolina to do any sort of work that would be qualified as a general contracting type job.

Get yourself a contracting license. It is common for a city or county to only allow independent contractors to work if they have a contracting license.

Sample: “Any dispute arising from this agreement shall be resolved through binding arbitration under Arbitration Association rules.”

(1) The service provider may subcontract the performance of the service in whole or in part without the client's consent, unless personal performance is required by the contract. (2) Any subcontractor so engaged by the service provider must be of adequate competence.

12 Key Components of a Subcontractor Agreement Identification of Parties. Insurance and Licensing Requirements. Scope of Work. Payment Terms and Conditions. Project Schedule and Duration. Material and Equipment. Change Order Procedures. Quality Standards and Compliance.

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Construction Contract For Subcontractor In North Carolina