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This would include the name and address of the company doing the work, your name and address, a brief description of the work being do, the cost and when payment is due. This dont need to be more than a page long.
Elements of a Construction Contract Name of contractor and contact information. Name of homeowner and contact information. Describe property in legal terms. List attachments to the contract. The cost. Failure of homeowner to obtain financing. Description of the work and the completion date. Right to stop the project.
Construction documents include drawings, specifications and related documentation authored by the design professionals.
Fixed price construction contracts, also commonly referred to as lump sum or stipulated sum contracts, are the most common types of construction contracts. As its name suggests, under a fixed price contract a contractor agrees to construct a project for a fixed or agreed upon price.
4 Types of Construction Contracts Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.

People also ask

The eight types of construction contracts include: cost-plus construction contract. design and build contract. guaranteed maximum price contract. incentive construction contract. integrated project delivery contract. lump-sum contract. time and materials contract. unit price contract.
Disclosure statement contents information about any guarantees or warranties the contractor offers in relation to the building work they must specify the time period the guarantee or warranty is offered for and any limits or exclusions on coverage.
4 Types of Construction Contracts Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.
What are the types of Construction Contracts? Lump Sum Contract. Cost Plus. Contract. Small Jobs. Contract. Large Jobs Contract.
The three most common contract types include: Fixed-price contracts. Cost-plus contracts. Time and materials contracts.

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