Construction Contract

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-00462-1
• Format: Word; Rich Text

Description

This form is a Construction Contract. The form contains the following subjects: scope of work, work site, and insurance. The contractor's warranty is limited to defects in workmanship within the scope of the work performed by the contractor.

A Washington Construction Contract for a New Home is a legally binding agreement between a homeowner or property owner and a contractor or builder, outlining the terms and conditions of the construction project. This contract is specifically tailored to new residential construction in the state of Washington and ensures a smooth working relationship between the parties involved. Key elements typically included in a Washington Construction Contract for a New Home may include: 1. Parties Involved: The contract clearly identifies the homeowner or property owner and the contractor or builder, including their legal names, addresses, and contact details. 2. Scope of Work: This section provides a detailed description of the construction project, outlining the specific work that the contractor will undertake. It includes the size and layout of the new home, architectural plans, building materials, and construction methods to be used. 3. Timeline: The contract will specify the start date and estimated completion date of the project. It may also include detailed milestones or deadlines for different stages of the construction process. 4. Payment Terms: This section outlines the payment schedule, including the total cost of the project and how and when payments should be made. It may include details about down payments, progress payments, and the final payment upon completion of the home. 5. Change Orders: The contract may detail the process for handling change orders, which occur when the homeowner requests alterations or additions to the original plans during the construction process. It typically outlines how changes will be priced and approved by both parties. 6. Permits and Approvals: The contract may require the contractor to obtain all necessary permits and approvals required by local building authorities before commencing work. It ensures compliance with state and local regulations. 7. Insurance and Liability: This section addresses both the contractor's and homeowner's insurance obligations and liabilities during the construction project. It may require the contractor to carry general liability insurance and workers' compensation coverage. Some types of Washington Construction Contracts for New Homes may include: 1. Fixed Price Contract: This type of contract sets a predetermined price for the entire construction project, regardless of actual costs incurred by the contractor. It provides more stability and predictability for the homeowner in terms of costs. 2. Cost Plus Contract: With a cost-plus contract, the homeowner agrees to pay the contractor for all the actual costs incurred during the construction process, plus a predetermined percentage as a fee for the contractor's services. This type of contract allows for more flexibility in accommodating changes and unexpected expenses. 3. Unit Price Contract: In a unit price contract, the contractor provides a price per specific unit of work (e.g., square foot, cubic yard) for different components of the construction project. This allows the homeowner to have a clear understanding of the cost of each unit and the overall project. It is important for both parties to carefully review the Washington Construction Contract for a New Home and seek legal advice if needed, to ensure that all the terms and conditions are fair and equitable. This contract serves as a vital document in protecting the rights and obligations of both the homeowner and the contractor, ultimately facilitating the successful construction of a new home.