This form is designed for use between Foundation Contractors and Property Owners and may be executed with either a cost plus or fixed fee payment arrangement. This contract addresses such matters as change orders, work site information, warranty and insurance. This form was specifically drafted to comply with the laws of the State of Maine.
Maine Foundation Contract for Contractor
Category:
State:
Maine
Control #:
ME-00462-3
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Home builder contracts are construction contracts that will lay out the responsibilities and expectations between the builder and the purchaser. Home builder contracts will define: The details of the work that is to be done. The price that the builder expects to be paid. The terms and conditions of the payment.
Residential contractors build and renovate homes or manage such projects from start to finish. The residential contractor typically secures permits, supervises labor and enlists specialized subcontractors such as plumbers and electricians.
A general contractor is responsible for providing all of the material, labor, equipment (such as engineering vehicles and tools) and services necessary for the construction of the project. A general contractor often hires specialized subcontractors to perform all or portions of the construction work.
Unlike other states, Maine doesn't require general contractors to be licensedonly plumbers, electricians, and contractors who do specialty work. Check out the full list of who needs to be licensed here. Instead, general contractors need to apply for Maine business licenses.
All licensed contractors are bonded.Contractors with employees and all roofing contractors are legally required to carry workers' compensation insurance. Contractors are not legally required to carry commercial general liability (CGL) insurance, although many do.
Generally speaking, a general contractor is someone who manages a team of subcontractors to help do various types of construction projects in your home. A custom home builder, however, is specialized in building custom homes and is able to complete this specific type of project start to finish on their own.
To become a general contractor, you need at least a high school diploma, but there is an increase in a need for a bachelor's degree or at least an associate degree, plus years of construction industry experience. Regardless of education though, experience in the industry is the most important requirement.
A certified contractor passed the state licensing examination. Certified contractors can work anywhere within the state in which they are licensed. A registered contractor is registered by a local county or municipality and receives a certificate of competency from the Electrical Contractors' Licensing Board.
To become a general contractor in Maine, according to the Office of the Maine Attorney General, one must simply apply for and obtain a business license, as well as include a written contract for all construction and home improvement projects over $3,000.
