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Construction Contract

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Construction Contract Powered By Docstoc
					A Construction Contract is a legal document that specifies the what, when, where, how,
how much, and by whom for a construction project. This contract includes mechanisms
for dispute resolution, description of the work, time-lines, schedules, payment details,
and warranties. This document contains the standard terms and conditions used for this
type of agreement, but also allows for optional language to be included making it fully
customizable to meet the needs of the contracting parties.
                         CONSTRUCTION CONTRACT
        This Construction Contract is hereby made on this [day] of [month] of [year]
(hereinafter the “Contract”) by and between [Client name/address] (hereinafter “Client”) and
[Contractor name/address] (hereinafter “Contractor"), collectively referred to herein as the
“Parties.”

                                         ARTICLE I
                       ENGAGEMENT/DESCRIPTION OF THE WORK

1.1     Client engages Contractor and Contractor agrees to provide to Client all necessary
services, materials, and labor necessary for the completion of [project description] (the
“Project”) including, but not limited to, all building and construction materials, requisite labor
and site security, and all necessary tools and machinery needed for project completion. All
construction materials should be new and of the highest quality, unless previously specified by
Client.

1.2    This Contract shall be comprised of the following: this Construction Contract, Conditions
of the Contract, Addenda, Drawings, Photos or other visual representations of the proposed
work, and the written Modifications attached to this Contract, properly signed and witnessed, all
of which are attached hereto as Exhibits.

                                         ARTICLE II
                        SCHEDULE AND TIME OF PERFORMANCE

2.1    Contractor will begin work on [date] to be completed by [date].

2.2     As this project is time sensitive, Contractor will be assessed a fee of _____ dollars ($__)
per day for each day that work is not completed after the final deadline of [date], unless Client
consents to a specified extension. Additional damages will be assessed and liquidated damages
will be deducted from the total payment amount due to Contractor under the payment schedule
specified in this Contract.

2.3    In the event that Client and Contractor agree on changes to the Project after this Contract
is executed, the Parties will agree to new time deadlines that are reasonable in light of the
modifications.

                                        ARTICLE III
                                    PAYMENT SCHEDULE

3.1      In consideration of the performance of this Contract, Client agrees to pay Contractor on
the following payment schedule for the services: [Phases/stages can be modified as necessary to
fit project specifications].




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3.2   For the performance of the design phase services, Contractor will receive a payment of
_____ dollars ($__).

3.3   For work or services performed during the design phase, Contractor will receive a
payment of _____ dollars ($__).

3.4   For work or services performed during the construction phase, Contractor will receive a
payment of _____ dollars ($__).

3.5    At work completion, Contractor will receive a fee of _____ dollars ($__).

        Within ____ (__) days of notification by Contractor of each stage of completion, Client
or its designee will inspect and approve the work or request any necessary adjustments to same.
Client agrees to make payments to Contractor within ___ (__) days of approving work. Payment
shall only be adjusted upon the mutual consent of both Parties if due to unforeseen events or the
parameters of the work are expended materially beyond the terms of this Contract. This Contract
and associated fees will be modified accordingly.

                                        ARTICLE IV
                                        COMPLETION

4.1     Contractor sets the following schedule for work completion, with various project stages
to be completed on specified dates. [Insert project stages and dates]

                                        ARTICLE V
                                  CHANGES TO THE WORK

5.1     All changes or modifications to the work ordered by Client must be made in writing, with
appropriate adjustments made to the total payment and payment schedule. The approval of both
Parties shall be required for substantial project changes such as the date of completion, project
price, and substantive modifications to the project itself, and notification of these changes must
be made in a timely manner.

5.2    If these changes should require additional expense to Contractor, Contractor must make a
claim for increase in payment, in writing, to Client, in a timely manner. Client must approve this
claim for increase in writing prior to any changes to the work, project, or schedule.

                                        ARTICLE VI
                                            DELAYS

6.1     If Contractor is delayed from completing required work due to unavoidable casualties,
Client shall grant Contractor an extension for the completion of work equal to the delay.
Unavoidable casualties include, but are not limited to, fire, flood or natural disasters, delayed
acquisition of materials or material delivery, and negligence on the part of Client.

6.2    In the event of
				
DOCUMENT INFO
Description: A Construction Contract is a legal document that specifies the what, when, where, how, how much, and by whom for a construction project. This contract includes mechanisms for dispute resolution, description of the work, time-lines, schedules, payment details, and warranties. This document contains the standard terms and conditions used for this type of agreement, but also allows for optional language to be included making it fully customizable to meet the needs of the contracting parties.
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