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How to Correct General Contractor Agreement

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the following BL TV program is brought to you by OFlaherty law please enjoy welcome to learn about law my name is Kevin o Flaherty from OFlaherty law and today were going to explain general contractor construction contracts well talk about some of the most important clauses in these contracts and some of the negotiating points and things to consider with these clauses you should be aware that at learned - about - law comm we have an article associated with this video that goes into much more detail with respect to each of these clauses and include some other clauses were not going to talk about but for the sake of brevity were gonna highlight some of the most important parts of that article so first lets talk about the scope of work clause this lays out the work that the contractor is responsible for delivering in exchange for the compensation negotiated in the contract most important thing to consider in the scope of work clause is minimizing ambiguity in order to avoid litiga

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What should you not tell a general contractor?

Seven Things to Never Say to a Contractor Never Tell a Contractor They are the Only One Bidding on the Job. Dont Tell a Contractor Your Budget. Never Ask a Contractor for a Discount if You Pay Upfront. Dont Tell a Contractor That You Arent in A Hurry. Do Not Let a Contractor Choose the Materials.

What are the 3 types of agreement?

The three most common contract types include: Fixed-price contracts. Cost-plus contracts. Time and materials contracts.

What are the 5 elements of a construction contract?

5 Key Elements Every Construction Contract Should Contain 1) The projects scope. 2) The cost and payment terms. 3) The projects time frame. 4) Protection against lien law. 5) Dispute resolution clauses.

What to look for in a contract with a general contractor?

Here are some basic contract inclusions you can expect to see from all reputable contractors: Name and contact information of the contractor. Property description where the job to be done will take place. Subcontractor specifications. Project scope. Project cost. Relevant dates. Insurance. Warranty period.

How do I trust a general contractor?

Look for these five qualities that The National Association of the Remodeling Industry says are a must for qualified contractors. Experience. Licenses and insurance. No bad rap. Cheapest is not always best. Superior service.

How do you protect yourself when working with a contractor?

Protect Yourself When Hiring a Contractor Get Proof of Bonding, Licenses, and Insurance. Dont Base Your Decision Solely on Price. Ask for References. Avoid Paying Too Much Upfront. Secure a Written Contract. Be Wary of Pressure and Scare Tactics. Consider Hiring Specialized Pros for Additional Guidance. Go With Your Gut.

How do you write a contract for a contractor?

How do I create an Independent Contractor Agreement? State the location. Describe the type of service required. Provide the contractors and clients details. Outline compensation details. State the agreements terms. Include any additional clauses. State the signing details.

What do you talk to a contractor about?

With a few helpful tips, you can talk to contractors confidently and on your terms. Establish A Communication Schedule for Renovations. Construction Workers Accommodations. Ask for All Renovation Changes in Writing. Renovation Progress Reports and Walkthroughs. Be Clear and Direct.

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