Contract Agreement Form Template For Construction
Description
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FAQ
A construction contract agreement is a document that lays out the terms of a construction project. It is a legal document that defines the work being done, which all the parties involved must agree to.
Contracts may be executed under seal (signed by the parties, witnessed and most importantly made clear that it is executed as a deed - see below) or under hand (a 'simple contract' that is just signed by the parties).
The 4 Different Types of Construction ContractsLump Sum Contract. A lump sum contract sets one determined price for all work done for the project.Unit Price Contract.Cost Plus Contract.Time and Materials Contract.16-Mar-2020
What Should Be in a Construction Contract?Identifying/Contact Information.Title and Description of the Project.Projected Timeline and Completion Date.Cost Estimate and Payment Schedule.Stop-Work Clause and Stop-Payment Clause.Act of God Clause.Change Order Agreement.Warranty.More items...
Types of contractsFixed-price contract.Cost-reimbursement contract.Cost-plus contract.Time and materials contract.Unit price contract.Bilateral contract.Unilateral contract.Implied contract.More items...?
