It is also wise to include in the contract that you are not responsible for delays caused by the property owner in obtaining the required permits, easements, and approvals, or for delays as the result of bad weather. The schedule of payments, the amount that is due, and the terms and conditions of payment should also be clearly outlined in this section of the contract.Įstablish a clear notice to proceed date, a construction start date, and date of completion, and be sure to differentiate between calendar days and work days. There should be no confusion as to the cost of services included and cost of services beyond the scope of the project. This is an area of a construction contract that should be clearly and simply stated. This area of the contract should, in great detail, explain the services to be provided, including a description of materials, quality, grade, schedule of work, and other specifications pertinent to the construction of the property. Scope of WorkĪlthough this is an element that is often included in most construction contracts, many individuals tend to overlook the necessity for details. Without the proper information or appropriate signatures on all required documents, it will be difficult to get the contract to hold up in court. Though this may sound obvious, this commonly overlooked element of construction contracts is required to make the contract legally binding.
Elements of a contract full#
Full Name, Address, and Signatures of Both Parties
These five essential elements of a construction contract can result in major vulnerabilities if overlooked: 1. For this reason, it is imperative to make sure you have a Tampa construction lawyer review your contract to confirm that it is written in a manner that is not only clear and fair to all parties involved, but more importantly, is designed to protect you and your best interests. The details of a construction contract are critical to the success of a construction project.
Construction Law Five Essential Elements of a Construction Contract
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