A legal document which specifies the what-when-where-how-how much and by whom in a construction project. A good construction contract will include:
- The contractors registration number.
- A statement of work quality such as ‘Standard Practices of the Trades’ or ‘according to Manufacturers Specifications’.
- A set of Blue Prints or Plans
- A construction timetable including starting and completion dates.
- A set of Specifications
- A Fixed Price for the work, or a Time and Materials formula.
- A Payment Schedule.
- Any Allowances.
- A clause which outlines how any disputes will be resolved.
- A written Warrantee
Example: