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Sign.Plus’s construction contract agreement includes details such as the scope of work, payment terms, project timelines, and responsibilities of each party. Explore other free and available contract templates.
A construction contract is a formal document between constructor and client laying out the terms and conditions of the work to be performed. A constructor, also known as the builder, is responsible for the execution of a construction project. They charge client fees in exchange for bringing property to life.
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A constructor or contractor must be clear on the scope of their client’s building project. The contract agreement should clearly define the services that the accountant will provide. This includes the frequency of work, the duration of the contract, and the expected deliverables.
The contract should clearly state the payment schedule, including the fees and how they will be invoiced and paid. This helps to avoid any misunderstandings or disputes over payment.
The contract should include provisions that ensure the confidentiality of the client's financial information and prevent the accountant from sharing any confidential information with third parties.
The contract should include procedures for resolving any disputes that may arise between the accountant and the client. This helps to prevent any disagreements from escalating and can ultimately save time and money for both parties.
An offer is made by the contractor, and acceptance is made by the owner, which forms the basis of the contract.
Consideration refers to the payment that is exchanged for the services provided by the contractor.
Scope of work: The scope of work outlines the work to be performed by the contractor, including the materials, schedule, and quality of work.
Terms and conditions: The terms and conditions of the contract specify the legal and practical details of the work, including payment terms, warranties, dispute resolution, and termination clauses.
The contract must be signed by both the owner and the contractor to demonstrate their agreement to the terms of the contract. This can be done by an online signature solution such as Sign.Plus.
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This information should not be perceived as legal advice, nor should it substitute for professional legal counsel. For specific legal inquiries or advice, we strongly recommend consulting with a licensed attorney who can address your particular legal needs.