The contract that is drafted for a project is crucial when beginning the process of construction with a contractor. The document works to protect both parties and can eliminate miscommunication with the details that are outlined. To ensure that you understand the contract from beginning to end, there are a few important parts to look for before signing the document.

License

The license that is obtained by your contractor verifies that they’re qualified to perform the work that you request and have passed different exams. This also offers peace of mind to the client to ensure that the contractor follows the state’s laws and pays their taxes.

Insurance

Insurance is another important component of the contract and verifies that you won’t be responsible for accidents or injuries that occur with the team that spends time working on your home. You can have peace of mind knowing that you won’t be liable for worker’s compensation if a subcontractor suffers an injury while they’re on the clock.

Duration of the Work

Contractors who are planning on working on residential properties like Alair Homes Red Deer will need to provide a timeframe for the project and how long they expect it to take before it’s completed. This will allow you to work around their schedule and gain a better understanding of the process and each step that will need to take place. The contract can also include information on the times during the day that the crew will visit the property to ensure that you know what to expect.

Exclusions

The best contracts are those that detail exclusions on areas that are not necessarily visible with walls that are opened up on the building. This can also include information on what the cleaning process will entail once the project is completed.

Warranty

You’ll need to look for details of a warranty in your contract to determine how long the work and materials are covered for on the home. This will protect your money and will prevent you from having to pay for the work to be redone if the features fall apart in the year following the completion date. The contractor will be required to stand by the warranty to ensure that the work and materials are sufficient.

Payment Schedule

You’ll need to stay informed on when you need to write each check to the contractor during the process to ensure that you stay updated on the financials of the project if you don’t pay a lump sum. Most contracts request that they’re paid after major parts of the project are finished, which will allow you to only pay for the work that has already been completed.

Details of the Work

The contract is a place where you can effectively communicate your needs and wants with the project that you hire the contractor for. All of the details of the project will clearly be detailed in the document to ensure that both parties understand the agreement. If the final product of the project is not what you expected, you can always pull out the contract to ensure that the necessary changes are made by the professional. The contract will also need to reference a designer to ensure that everyone is on the same page.