What should be included in a contractors contract?
2 Replies
Arthur Lyons
Wholesaler from Philadelphia, Pennsylvania
posted about 3 years ago
What should be included in a contractors contract?
Chris Seveney
Investor from Northern Virginia
replied about 3 years ago
@Arthur Lyons off the top of my head
Schedule of values
Pay schedule
Detailed scope
Project schedule
Liquidated damages clause
Insurance requirements
Sample lien waiver
Conflict resolution
Parties to the contract
Contract value
List of allowances
If you want a sample contract I can give one to you - note it’s specific to my state and should be reviewed by an attorney
Steven Gesis
Developer from Cleveland, OH
replied about 3 years ago
Originally posted by @Arthur Lyons :What should be included in a contractors contract?
Complete detailed breakdown of work, itemized by area, broken out into material and labor - it has to be detailed it shoild clearly define what is and is not included.
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