New Hampshire Construction Contracts

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Commonly Asked Questions about New Hampshire Construction Contracts

What are the four types of construction contracts?

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.

What is the most frequently used type of contract?

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.

What is the main contract in construction?

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.

What is a contract law in New Hampshire?

The elements of the contract law in New Hampshire are similar to those of the basic contract law. Essentially, a contract must be legally enforceable. A legally enforceable contract is one entered into by competent parties, and in which mutual agreement and consideration (reason for the agreement) are present.

What is the best construction contract?

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.

What are the three most commonly used types of construction contracts?

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.

What is the most common construction contract?

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.

Do general contractors need a license in New Hampshire?

General Contractor Company licensure is not required on the State level in New Hampshire. General contractors may be licensed at the county and city level. There is no state level license.

CATEGORIES

New Hampshire Construction Contracts

Manage New Hampshire Construction Contracts effortlessly online

Video Guide on New Hampshire Construction Contracts management

Commonly Asked Questions about New Hampshire Construction Contracts

What are the four types of construction contracts?

What is the most frequently used type of contract?

What is the main contract in construction?

What is a contract law in New Hampshire?

What is the best construction contract?

What are the three most commonly used types of construction contracts?

What is the most common construction contract?

Do general contractors need a license in New Hampshire?

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CATEGORIES

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New Hampshire Construction Contracts

Manage New Hampshire Construction Contracts effortlessly online

Video Guide on New Hampshire Construction Contracts management

Commonly Asked Questions about New Hampshire Construction Contracts

What are the four types of construction contracts?

What is the most frequently used type of contract?

What is the main contract in construction?

What is a contract law in New Hampshire?

What is the best construction contract?

What are the three most commonly used types of construction contracts?

What is the most common construction contract?

Do general contractors need a license in New Hampshire?

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