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Foundation Contract for Contractor - Oregon

Foundation Contract for Contractor - Oregon 2025

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The document is a Foundation Contract between a Contractor and an Owner for construction work on a property. It outlines the scope of work, including specifications for various foundation components, responsibilities regarding permits, soil conditions, insurance, and payment terms. The contract also includes provisions for changes to the scope of work, late payments, destruction and damage, and warranty details. Additionally, it incorporates several legal notices required by Oregon law to protect homeowners' rights regarding construction liens and provides guidelines for dispute resolution.

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Click ‘Get Form’ to open the Foundation Contract for Contractor - Oregon in our editor.
Begin by filling in the Contractor's name and address at the top of the form. Ensure accuracy as this information is crucial for legal purposes.
Next, input the Owner's name and address. This section identifies who is entering into the contract with the Contractor.
Review the list of documents incorporated into this contract. Make sure you have all necessary addendums and notices attached.
Proceed to fill out the Scope of Work section, detailing responsibilities such as scheduling inspections and material disposal instructions.
Complete sections regarding time of completion, permits, soil conditions, insurance, and any changes to scope of work as needed.
Finally, ensure both parties sign and date the contract at the bottom. This finalizes your agreement legally.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the statute of limitations on construction defects in Oregon?

2-Year Discovery Rule (Negligence Claims): For negligence claims (e.g., faulty construction that causes damage), Oregon law applies a 2-year discovery rule. This means property owners have 2 years to file a lawsuit after discovering a defect or when they reasonably should have discovered it.

What not to tell your contractor?

Oregons CDL laws impose a 10-year statute of repose and a 6-year statute of limitations for construction defect claims. Statute of Repose: This 10-year period begins with the substantial completion of the construction project.

What is a limitation of liability for a contractor?

The primary purpose of a limitation of liability clause is to cap the financial exposure of a party, often the contractor, to a pre-agreed amount. This cap is typically proportional to the contract value or a specific sum, such as the contractors fee or the value of the work performed.

How long is a contractor responsible for their work?

For instance, in California, a general contractor is held liable for a minimum standard of construction for 10 years post-building completion, with certain defects claimable only within 1 or 4 years.

How long is workmanship guaranteed for?

How Long Should a Workmanship Warranty Be? Workmanship warranties can vary in length, from 2 years to 5 years and even up to 10, 25, or more.

How long is a contractor liable for work in Oregon?

As a residential construction contractor, the profit margin typically ranges from 10% to 20% of the total project cost. This percentage can vary based on several factors, including:

Foundation Contract for Contractor - Oregon 2025

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