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Commonly Asked Questions about US Renovation Contracts

The contract should describe, in detail, the products to be used and how the work will be performed, i.e., size, color, who will be doing what work, amounts of materials provided, manufacturer model number, etc. There must be a detailed, written payment schedule in the contract.
Top tips for winning construction contracts Read all of the tender documentation. Work through the PQQ. Visit the site. On time AND on Budget. Use your experience. Supply accurate MI. Focus on your strengths. Explain YOUR benefits.
Michigan construction contract requirements Only residential construction contracts are regulated in Michigan. Such contracts must be in writing, include the contractors license number (if a license is required), and cite the statute that requires the contractor to be licensed for their particular trade.
It should detail specifics of how the work is to be completed, what materials are to be used, where material will be stored, where job site clean up will occur etc It should also include floor plans and 3D renderings of the project before and after the proposed work is performed.
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.