Wake Construction

• Category: Construction - Contractors
• State: Multi-State
• County: Wake
• Control #: US-00462-2
• 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 Wake North Carolina Construction Contract for Building a House is a legally binding agreement between a homeowner and a construction company that outlines the terms and conditions under which a house will be constructed. This contract serves as a roadmap for the construction process, ensuring clear communication, expectations, and responsibilities for both parties involved. Keywords: 1. Wake North Carolina: Referring to the specific geographical location where the construction project is taking place. 2. Construction Contract: A legal document that establishes the terms and conditions for building a house. 3. Building a House: The primary objective of the construction contract, which outlines the construction process from start to finish. 4. Detailed description: A comprehensive and in-depth explanation of the various aspects covered in the construction contract. 5. Homeowner: The individual who owns the property and is initiating the construction of the house. 6. Construction company: The entity responsible for carrying out the construction project, including all the necessary labor, materials, and equipment. 7. Terms and conditions: The agreed-upon rules and regulations that govern the construction project, including payment terms, project timeline, and quality standards. 8. Clear communication: Ensuring that both the homeowner and the construction company have a mutual understanding of the project specifications, expectations, and any potential changes throughout the construction process. 9. Expectations: The desired outcomes and deliverables of the construction project, as specified by the homeowner. 10. Responsibilities: The duties and obligations that each party must fulfill in order to successfully complete the construction project. Different types of Wake North Carolina construction contracts for building a house may include: 1. Fixed-price contract: A contract where the total cost of the construction project is predetermined and fixed, providing the homeowner with budget certainty. 2. Cost-plus contract: A contract where the homeowner agrees to reimburse the construction company for the actual cost of materials, labor, and other expenses, plus an agreed-upon percentage fee for profit. 3. Time and materials contract: A contract where the homeowner pays for the actual time spent by the construction company's employees, as well as the cost of materials used, typically with an agreed-upon markup for profit. 4. Design-build contract: A contract where the construction company is responsible for both the design and construction of the house, offering a streamlined approach and potentially saving time and cost. 5. Lump sum contract: A contract where the homeowner agrees to pay a fixed lump sum for the entire construction project, regardless of the actual cost or time spent.

A Wake North Carolina Construction Contract for Building a House is a legally binding agreement between a homeowner and a construction company that outlines the terms and conditions under which a house will be constructed. This contract serves as a roadmap for the construction process, ensuring clear communication, expectations, and responsibilities for both parties involved. Keywords: 1. Wake North Carolina: Referring to the specific geographical location where the construction project is taking place. 2. Construction Contract: A legal document that establishes the terms and conditions for building a house. 3. Building a House: The primary objective of the construction contract, which outlines the construction process from start to finish. 4. Detailed description: A comprehensive and in-depth explanation of the various aspects covered in the construction contract. 5. Homeowner: The individual who owns the property and is initiating the construction of the house. 6. Construction company: The entity responsible for carrying out the construction project, including all the necessary labor, materials, and equipment. 7. Terms and conditions: The agreed-upon rules and regulations that govern the construction project, including payment terms, project timeline, and quality standards. 8. Clear communication: Ensuring that both the homeowner and the construction company have a mutual understanding of the project specifications, expectations, and any potential changes throughout the construction process. 9. Expectations: The desired outcomes and deliverables of the construction project, as specified by the homeowner. 10. Responsibilities: The duties and obligations that each party must fulfill in order to successfully complete the construction project. Different types of Wake North Carolina construction contracts for building a house may include: 1. Fixed-price contract: A contract where the total cost of the construction project is predetermined and fixed, providing the homeowner with budget certainty. 2. Cost-plus contract: A contract where the homeowner agrees to reimburse the construction company for the actual cost of materials, labor, and other expenses, plus an agreed-upon percentage fee for profit. 3. Time and materials contract: A contract where the homeowner pays for the actual time spent by the construction company's employees, as well as the cost of materials used, typically with an agreed-upon markup for profit. 4. Design-build contract: A contract where the construction company is responsible for both the design and construction of the house, offering a streamlined approach and potentially saving time and cost. 5. Lump sum contract: A contract where the homeowner agrees to pay a fixed lump sum for the entire construction project, regardless of the actual cost or time spent.