Construction Contracts and Documents

Of all transactions entered into by consumers, perhaps the most frightening of all is a construction contract. Due to the large investment a typical construction project requires, consumers should be especially cautious in making sure the written contracts accurately reflect their understanding of the deal, and provide them with the protection they need in case of contractor default. It is no secret that most contractor contract forms are minimal in nature, providing little protection for the homeowner. A comprehensive agreement is imperative to protect your investment. In a typical construction project, things can and will go wrong, resulting from a wide range of usual suspects: carelessness, indifference, weather-related problems and/or financial misunderstandings. When such issues do arise, the only recourse is to fall back on the written agreement of the parties. If the important details are not addressed in a comprehensive manner, the project, along with the owner’s hopes and dreams, lie in serious peril. The documents reflected below set forth provisions that are fair to both owner and contractor, facilitating the level of trust necessary to achieve a successful result.

 
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