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Commonly Asked Questions about US Construction Contractor Legal Documents

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).
Although a document must be signed by each party to be considered legally binding, the mere presence of signatures does not guarantee that an agreement is enforceable in court. To be considered a legally binding contract or document, three critical elements must also be present: Subject, Consideration, and Capacity.
Construction documents (CDs) are a detailed set of documents that include the final specifications, materials, and other details required for managing a building project. They are created during the third phase in the architectural design process, which takes place after design development but before bidding.
What are construction contract documents? On a construction project, the contract documents are the collection of documents that describe the scope, schedule, cost, and the responsibilities of each party to the agreement.
Construction contract It means you promise to do the work specified, and the client promises to pay you the agreed-upon sum. While an estimate is just information, and a proposal can be changed or withdrawn at any time, a contract is binding.
The components may vary from one project to another, but the contract documents typically included are: A Master Service Agreement. The project schedule. A schedule of values. Cost estimate. Drawings and specifications.
It should detail the work, price, when payments will be made, who gets the necessary building permits, and when the job will be finished. The contract also must identify the contractor, and give their address and license number.