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North Carolina Paving Contract for Contractor

Paving Contracts

Name: North Carolina Paving Contract for Contractor
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.71 (239 reviews)

Category:

North Carolina Construction - Contractors - Paving

State:

North Carolina

Control #:

NC-00462-22

Format:

Instant download

Upgrade to a Package! Paving Contractor Value Package. Essential Forms. Go to Package

Description

This form is designed for use between Paving Contractors and Property Owners and may be executed with either a cost plus or fixed fee payment arrangement. This contract addresses such matters as change orders, work site information, warranty and insurance. This form was specifically drafted to comply with the laws of the State of North Carolina.

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FAQ

Name of contractor and contact information. Name of homeowner and contact information. Describe property in legal terms. List attachments to the contract. The cost. Failure of homeowner to obtain financing. Description of the work and the completion date. Right to stop the project.

Contract Types Overview. Express and Implied Contracts. Unilateral and Bilateral Contracts. Unconscionable Contracts. Adhesion Contracts. Aleatory Contracts. Option Contracts. Fixed Price Contracts.

Begin with the Date and the Address of the Other Party. Start with the Basic Details of the Planned Work. Include Special Stipulations. State Whether There Will be a Further Agreement. Create an Area for Signatures. Sign and Date the Contract Letter.

7. Set a payment schedule in the contract. You never want to pay a contractor more than 50% up front. Depending on the size of the job, your initial payment is ideally going to be no more than roughly 30% of the total cost of the project.

North Carolina requires that anyone who contracts with another person or entity to construct or make improvements to any building, highway, or public utilities, including grading, or who undertakes to superintend or manage such activities, be licensed as a general contractor if the work costs $30,000 or more.

Identifying/Contact Information. Title and Description of the Project. Projected Timeline and Completion Date. Cost Estimate and Payment Schedule. Stop Work Clause and Stop Payment Clause. Act of God Clause. Change Order Agreement. Warranty.

Both parties should sign the contract, and both should be bound by the terms and conditions spelled out in the agreement. In general that means the contractor will be obliged to provide specified materials and to perform certain services for you. In turn, you will be required to pay for those goods and that labor.

You shouldn't pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board.

#1: Review Your Bid. #2: Review Complete Plans. #3: Review All Specifications. #4: Visit the Job Site. #5: Review the Job Schedule. #6: Complete a Project Checklist. #7: Verify Project Funding. #8: Read Complete Contract.

Paving Contracts

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FAQ

What should be included in a contractor's contract?

What are the 4 types of contracts?

How do you write a contract letter?

How much can a contractor ask for upfront in North Carolina?

Do contractors have to be licensed in North Carolina?

How do I write a contract for a general contractor?

Do you sign a contract with a contractor?

What percentage should you pay a contractor up front?

How do you sign a good construction contract?

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