Contracts

Contracts TERMS OF AGREEMENT Contracts should be drafted to ensure that specific topics ar addressed. A crook contract should identify the contractor, the owner, and the designer. The scope of hold for which the contract is being drawn should also be defined. The fall back whitethorn be defined in a descriptive fashion, along with specific reference to documents such as the locution drawings and specifications. The contract may stipulate that the construction devise moldiness be completed by a granted make up or within a given number of long time of the notice to proceed.

Failure to comp lete the project with stipulated time may result in liquidated damages charged against the contractor. The contract go out state how hires argon to be do to the contractor. General, payments are made on a monthly basis. However, on tiny projects the payment for the entire project may occur later on the project is completed. On other projects the contractor may be given an agreed sum before constructio...If you want to achieve a full essay, order it on our website: OrderCustomPaper.com

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