What Should a Contractor’s Contract Include?

January 6th, 2020

When hiring a contractor for a home improvement project, homeowners may feel choosing the contractor will be the hardest part of the ordeal. When, in actuality, determining the proper specifications for the contractors contract may be harder yet.

For example, lets say you have hired upvc windows and doors for windows, then make sure that you read all the terms and conditions included in it.

A contractors contract, is an in depth piece of paperwork, that must include many important details in order to protect the homeowner financially.

Before signing a contractor for a home improvement project, the homeowner should always obtain a contract bid on the work. This contract bid must include a time schedule, for both beginning and completing the work, a complete materials list, an exclusion list of items not provided by the contractor, the names and contact information for any subcontractors to be used on the job, clean-up and demolition provisions, a payment schedule, and the procedure specifics for any changes that may need to be made to the original plans. Professional contractors will not be swayed by this list of contract inclusions. On the contrary, these inclusions should be commonplace for all contracts presented by a good contractor.

Proper insurance and waivers will be needed before the completion of any home improvement contract.

A contractor will need to have the proper insurance coverage before beginning a home improvement project. The proper insurance coverage will include coverage for the homeowner’s dwelling, neighbor’s dwellings, as well as, medical insurance for both the workers and passers by. If a contractor does not have enough insurance to cover any and all accidental cases, both to a dwelling or a person, they need not be hired for a home improvement project.

As the home improvement project comes to a close, the homeowner will need to have waivers signed by all subcontractors and suppliers, stating that the homeowner is not responsible for paying any fees or monies owed. The only substitute for these waivers, would be a signed payment verification form from the subcontractors and suppliers, stating they have already been paid in full.

When signing a contract with a contractor for a home improvement project, the homeowner must understand that some things will remain up to the homeowner. Staying involved with the project daily, fixing problems as they arise and keeping control of the money, by paying for the project in stages, are all great rules of thumb for the homeowner. A homeowner is the number one go to person during a home improvement project, even if the contractor is the one running the build.

With the proper contract, a homeowner can rest assured that a home improvement project will go smoothly. A homeowner should never take a contractor at their word. Every part of the home improvement project should be put in writing and signed by all involved parties. No homeowner wants to face legal arbitration due to medical or financial problems surfacing after the completion of a home improvement project. A good contractor will be versed in the proper techniques of contract writing and will certainly be amazed by your new found knowledge.

Construction agreement with golden key pen and Dollar notes