However, the contract documents also provide other important information, such as the payment schedule, insurance requirements, and dispute resolution procedures. One key difference between contract documents and construction documents is that the former are legal documents, while the latter are technical documents.
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.
Here are what the Smith + Malek team has seen as the most common errors in construction contracts: It's not written down. Both parties haven't signed the contract. Not all of the terms of the agreement are in writing and in the contract. The timeline is unclear. Particular terms aren't defined.
Description: Following the Design Development, the construction document phase focuses on providing information in the form of final drawings and specifications that enables permitting by authorities having jurisdiction, as well as bidding and construction of the project by a qualified builder.
The contract documents will usually include the conditions of contract, the employer's requirements, the contractor's proposals, the specification and the contract sum analysis or bills of quantities. Speed up all aspects of your legal work with tools that help you to work faster and smarter.