Why You Need A Construction Contract?

construction contract

Construction Contracts

Whether you are planning to build a home or a commercial building you need the help of good construction contractors to perform the job efficiently following all the rules and regulations for construction in your area. You will be able to ensure that the job will be completed within the stipulated time and within the budget when you opt for the experienced contractor.

When the land owner needs the help of building contractor for constructing the building there is a need for creating a contract document which spells the details and particulars of the agreement between them. This document contains the details of the parties involved, the obligations of parties, terms and conditions, payment terms, warranties etc.

Ensuring peace of mind

A contract can protect the land or building owner as well as the contractor as all the terms and conditions are indicated clearly in the document. The contract defines the obligations of both parties regarding the services and products supplied and regarding the payment terms.

As the prices, time frames, payment methods, material terms, etc. are clearly spelled out in the contract it avoids the chances any disputes between the contractor and the client. This ensures peace of mind for both the parties. It is necessary for both the parties to go through the contract before signing the agreement and make sure that terms and conditions are agreeable to them and make necessary changes after negotiation.

Getting the work done on time

The contract document contains the estimated project starting and ending date and this allows the client to know how long the work will take and when they will be able to start using the building. Once the contractor signs this document they need to honor the contract and finish the work within the time-frame mentioned in the contract. So there will not be any need for the client to worry about the work getting delayed.

Any delay in construction work will cause extra financial burden and mental tension to the client and the contractor is answerable to the inconveniences caused to the client. So the contractors will try and prevent any such situation with proper project work planning and management. You need to opt for licensed and reputed contractors to ensure that they will be able to do the work according to your satisfaction.

Resolving issues made easy

Problems can arise during the construction projects between the client and the contractor and the contract document will be highly useful in resolving any of these problems. The particulars included in the contract like getting the necessary permit, warranties for materials and workmanship and handling change orders enables you to settle the disputes easily considering various details and clause given in the document.

Once the contract is made the client will be protected in different ways. You will have the construction done according to the standards given in the contract and warranted products or materials will be used for the construction and you will have the job site cleaned after the construction. So, getting a contract prepared by a good lawyer is necessary when you hire the service of the construction contractor