The Wisconsin Basic Contract for Construction of a Building is a legal document that outlines the terms and conditions of an agreement between a property owner (referred to as the "Owner") and a contractor (referred to as the "Contractor") for the construction of a building or structure in the state of Wisconsin. This comprehensive contract serves as a fundamental framework for construction projects and ensures the protection of both parties involved. The Wisconsin Basic Contract for Construction of a Building covers various essential elements of the construction project, including project scope, timelines, payment terms, and dispute resolution. It lays out the responsibilities, obligations, and rights of the Owner and Contractor, ensuring that all parties understand and comply with their respective roles throughout the construction process. Key terms and clauses within the contract include: 1. Project Description: This section provides a detailed account of the building or structure to be constructed, including specifications, materials to be used, and any architectural drawings or plans that need to be followed. 2. Scope of Work: This outlines the specific tasks and services to be performed by the Contractor, such as demolition, excavation, foundation work, framing, electrical, plumbing, roofing, and finishing. It ensures that all necessary work is clearly defined and agreed upon. 3. Timelines and Milestones: The contract will specify the project start and completion dates, as well as any significant milestones along the way. It may also include provisions for potential delays and extensions, along with penalties or liquidated damages if deadlines are not met. 4. Payment Terms: This section establishes the agreed-upon compensation structure, which may include a lump sum, progress payments, or a combination of both. It defines how and when payments will be made, including any retain age or hold back amounts until the project's satisfaction is achieved. 5. Change Orders: The contract addresses how changes or modifications to the original scope of work will be handled, including procedures for submitting and approving change orders, impact on project timelines and costs, and any additional compensation or adjustments required. 6. Insurance and Indemnification: The contract may require the Contractor to maintain appropriate insurance coverage, including liability insurance and workers' compensation, to protect all parties involved from potential risks and liabilities during the construction process. 7. Dispute Resolution: This section outlines the procedures for resolving disputes, such as mediation, arbitration, or litigation, should any conflicts arise between the Owner and Contractor that cannot be resolved amicably. Different types of Wisconsin Basic Contracts for Construction of a Building may exist depending on the project's scale, complexity, and specific requirements. These variations could include contracts tailored for residential construction, commercial projects, government-funded projects, or specialty projects like renovations or additions. Regardless of the type, the core purpose of the contract remains the same: to establish a legal framework and clear expectations for construction projects in Wisconsin.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.