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Commonly Asked Questions about Construction Contractor Papers

6 Essential Elements of a Contract Offer. Acceptance. Awareness. Consideration. Capacity. Legality.
9 Essential Contract Documents The Agreement. General Conditions. Special Conditions. Scope of Work. Construction Drawings. Specifications. The Schedule. Schedule of Values.
Construction Contract Documents are the written documents that define the roles, responsibilities, and Work under the construction Contract, and are legally-binding on the parties (Owner and Contractor).
Here are four main construction contracts to choose from, plus their pros and cons: Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.
A construction contract must include a clearly defined scope of work, also known as a statement of work. This document will detail the specific tasks and objectives of a contractor. The scope of work specifies how much work the contractor must complete in order to meet their contractual obligations.
New York State generally doesnt require contractors to have a state-level license. However, individual counties and municipalities within the state often have their own licensing requirements that contractors must meet to operate legally.