Alaska General Construction Agreement between Property Owner and Contractor

State:
Multi-State
Control #:
US-13248BG
Format:
Word; 
Rich Text
Instant download

Description

A Construction Agreement is a mutual or legally binding agreement between two parties based on policies and conditions recorded in document form. The two parties involved are one or more property owners and one or more contractors
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  • Preview General Construction Agreement between Property Owner and Contractor
  • Preview General Construction Agreement between Property Owner and Contractor
  • Preview General Construction Agreement between Property Owner and Contractor

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FAQ

Here are My 6 Rules for Managing Your ContractorsCover yourself with contracts and paperwork.Always check references before you hire a contractor.Never pay ahead of the work that's been completed.Get a schedule from your contractor before the work starts.More items...?

Contracts will be voided if there is a mistake or fraud by one of the parties. Contracts may also be voided if a party entered into a contract under duress. Another type of contract that can be void is an unconscionable contract.

By P. Wesley Lambert on August 25, 2016USE A WELL-WRITTEN AND COMPREHENSIVE CONTRACT.ESTABLISH A DOCUMENT RETENTION POLICY.TRAIN YOUR EMPLOYEES TO INTERACT CORRECTLY WITH OTHERS.DOCUMENT CHANGES IN YOUR PROJECT THE RIGHT WAY.CHECK FOR APPLICABLE INSURANCE TO COVER CLAIMS MADE AGAINST YOU.More items...?

It is important to include a description of the payment process in the contract, including the timing, documents required, approval process, and the terms of final payment. This clause should contain language about how often payments are to be made on an on-going project.

It is the owner's responsibility to provide complete and accurate relevant data, as may become necessary for correct installation of the work. The contractor is typically responsible for the correct layout and execution of the work.

Elements of a Construction ContractName of contractor and contact information.Name of homeowner and contact information.Describe property in legal terms.List attachments to the contract.The cost.Failure of homeowner to obtain financing.Description of the work and the completion date.Right to stop the project.More items...

Contractor Roles and Responsibilities in ConstructionProject Planning Responsibilities.Project Management.Project Monitoring.Legal and Regulatory Responsibilities.Health and Safety Responsibilities.

The State of Alaska requires all contractors to have a license before they begin working in the state. This is to protect consumers from being victimized by unscrupulous individuals or companies.

What makes for a good contract? It provides full information on what is to be done, how and when it will be done, the cost and payments required, and the warranty provided. It clearly defines all aspects of the business relationship between you and your contractor in relation to the project.

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Alaska General Construction Agreement between Property Owner and Contractor