Site Work Contract for Contractor - Oklahoma 2025

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General Contractors are not currently required to have a state license in Oklahoma for general contracting. However, trade licenses/registrations are required for performing, or offering to perform, licensed/registered trade work. Further, local jurisdictions should be contacted for any local requirements.
CHARACTERISTICS OF A CONTRACT ❖ Parties capable of contracting. ❖ Consent. ❖ A lawful object; cant involve illegal activity. ❖ Sufficient cause or consideration.
A valid contract is built on three essential elements: offer, acceptance, and consideration. These elements ensure that a contract is enforceable and that all parties involved have a clear understanding of the agreement.
Standard construction contracts should have the following information and clauses: 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.
Best Contract Types for Different Project Owners Government Owners: Lump Sum (Fixed-Price Contract) Private Developers: Cost-Plus with Guaranteed Maximum Price (GMP) Corporate Institutional Owners: Cost-Plus with Incentives. First-Time Owners: Lump Sum or Unit Price.
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At PM Attorneys, we make sure your agreements are built on these pillars: Offer and Acceptance. One party must make a clear, definite offer, and the other must accept that offer without modifications. Intention to Create Legal Relations. Lawful Purpose and Capacity. Possibility of Performance. Certainty and Clarity.
Under Oklahoma law, a valid contract can be written, oral, or implied based on the parties conduct. Regardless of the form, if a party does not uphold their end of the bargain, the other party may have legal grounds to seek compensation.

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