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Commonly Asked Questions about Construction Contracts in West Virginia

The main contract is generally that which is awarded by the client (sometimes referred to as the employer) to the general contractor, or main contractor, whose tender has been accepted.
Top Five Most Common Business Contracts Bill of Sale. A Bill of Sale is an agreement between two entities that states who owns a piece of personal property, what is it, when it was sold, how much it worths and who sold it. Employment Agreement. Licensing Contract. Nondisclosure Agreement. Promissory Note.
An individual is an independent contractor if the payer has the right to control or direct only the result of the work and not what will be done and how it will be done. (d) Person includes any natural person or an individual, and an organization. the head man or woman.
Lump sum contracts, also called fixed price contracts, establish a fixed price for all of the materials and labor required to complete a job. This is the most basic and common type of construction contract.
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.
Lump sum contracts (also sometimes known as fixed price contracts) are usually considered the most popular type of contract when it comes to building and engineering agreements, however they do have minor differences.
3 Types of Construction Contracts: Their Pros and Cons for Owners and Contractors Fixed Price. The most common type of contract is the fixed price contract, also known as the lump sum or stipulated sum contract. Cost-Plus Fee. Unit Price.
All General Contractors and Subcontractors performing total contract job cost in excess of $2,499.99 must possess a West Virginia Contractors License obtained through the West Virginia Department of Labor 304-558-7890.