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Commonly Asked Questions about Siding Contractor Documents

The construction contract agreement is the principal agreement between the parties involved in a project. This is an essential document and should include a detailed description of the project, the contract price, and how payments will be made. It also covers the scope of the project and scheduling.
The roofing and siding contracting industry consists of about 32,000 establishments that employ 245,500 workers and generate about $47 billion annually.
These five essential elements of a construction contract can result in major vulnerabilities if overlooked: Full Name, Address, and Signatures of Both Parties. Scope of Work. Project Cost and Payment Terms. Schedule of Work. Authority.
The contract should include the total price, when payments will be made, and whether there is a cancellation penalty. You should expect to make a down payment on any home improvement job. That down payment should never exceed 10 percent of the contract price or $1,000, whichever is less.
Before starting your project, your contractor should also provide proof of general liability insurance and workers compensation. These documents are usually attached to the contract agreement.
What Should You Not Say to a Contractor? Im not in a hurry I know a great roofer/electrician/cabinet installer! We had no idea this would be so expensive Why cant you work during the thunderstorm/snow/heat wave? Ill buy my own materials I cant pay you today. Ill pay upfront Im old school.