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In Alaska, most contractors that perform residential home improvements must be licensed by the Division of Corporations, Business and Professional Licensing. Among other requirements, general contractors must post a bond for $25,000 and specialty contractors for $10,000.
Protect Yourself When Hiring a ContractorGet Proof of Bonding, Licenses, and Insurance.Don't Base Your Decision Solely on Price.Ask for References.Avoid Paying Too Much Upfront.Secure a Written Contract.Be Wary of Pressure and Scare Tactics.Consider Hiring Specialized Pros for Additional Guidance.Go With Your Gut.
A reputable contractor will either cover the damage themselves or be willing to file a claim with their insurance company. This means you won't have to worry about any extra expenses. If they refuse to address the problem, you may need to resolve the issue in small claims court.
Who will pay for the repair and damages of the Contractor? 4. What if the Contractor fails to repair and pay claims? The Owner may repair the same and pay the claims, and deduct the entire cost of such repairs and claims from the payments due the Contractor.
A General Contractor, or Construction Contractor, oversees all aspects of a construction project from start to finish. Their main duties include hiring and training Subcontractors, applying for the necessary licenses and building permits and providing hands-on supervision and guidance to workers on the site.
A contract should contain everything agreed upon by you and your licensed contractor. It should detail the work, price, when payments will be made, who gets the necessary building permits, and when the job will be finished. The contract also must identify the contractor, and give his/her address and license number.
Although oral contracts for construction or renovation of residential home improvement projects may be voidable pursuant a California statute, they are not automatically void, and in fact a homeowner must demonstrate that the contractor is not entitled to have the contract enforced under one of the exceptions to the
The State of Alaska has three different types of contractors. General contractors: perform new home construction, commercial work, and residential remodel work. They can also oversee and supervise new home construction and residential work.
If a builder causes physical damage to a neighbouring property then it is possible that both the employer (who owns the property on which the builder is working) and the builder would be directly liable to the owner of the adjourning damaged property.
The Benefits of Hiring a General ContractorThe Role of a General Contractor.Contractors Have an Established Network of Subcontractors.Reduced Stress and Hassle.Adequate Insurance Coverage.Save Money.Save Time.A Single Point of Contact.Customizable Services Based on the Needs of the Project.More items...?