Construction Contract Format In North Carolina

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

Description

The Construction Contract format in North Carolina is designed to outline the responsibilities and obligations of both the Contractor and the Owner in a clear and structured manner. Key features include the Scope of Work, which defines the project specifications and plans, and the Work Site, detailing the location for construction. The Contractor is responsible for obtaining necessary permits, while soil conditions at the site are to be managed by the Owner, with any additional work due to soil issues being an Owner's expense. Insurance requirements mandate coverage for general liability, workers' compensation, and builder's risk, ensuring protection against various risks. Changes to the project scope are permitted via written Change Orders, and the payment structure can be based on cost plus fees or a fixed fee. Late payments incur a penalty, and the Contractor provides a limited warranty on workmanship for one year. This contract is vital for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants as it ensures legal clarity, defines contractual obligations, and protects both parties involved in construction projects.
Free preview
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

Form popularity

FAQ

How To Write A Construction Contract With 7 Steps Step 1: Define the Parties Involved. Step 2: Outline the Scope of Work. Step 3: Establish the Timeline. Step 4: Determine the Payment Terms. Step 5: Include Necessary Legal Clauses. Step 6: Address Change Orders and Modifications. Step 7: Sign and Execute the Contract.

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.

Contracting without a license is a Class 2 Misdemeanor in North Carolina.

You have to have a license through the state of North Carolina Licensing Board for General Contractors. If you are doing a job that includes labor and materials, you can do it up to $39,999.99 unlicensed.

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.

The State of North Carolina licensing boards and the General Statutes allows a homeowner to obtain a permit to perform the work on their home by meeting certain criteria.

As a homeowner, you can get a permit to build or modify your own home provided: You own and live in the house (must show proof) You sign an affidavit of ownership and terms of permits and inspections. The house is not for sale or lease at the time of the request and for at least one year after completion.

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.

In order to have a valid contract in North Carolina, there must be an offer, an acceptance, along with consideration.

Trusted and secure by over 3 million people of the world’s leading companies

Construction Contract Format In North Carolina