When a property owner and a general contractor agree to construction, renovations, alteration, or other work to be done on the owner's land, they may use this Building Construction Agreement
When a property owner and a general contractor agree to construction, renovations, alteration, or other work to be done on the owner's land, they may use this Building Construction Agreement.
The document specifies which parties will be involved, the service fee, the rights of each party, and the dates of commencement and completion of construction. The contract gives equal rights to both parties and provides a guarantee that the construction will be completed.
You fill out a form. The document is created before your eyes as you respond to the questions.
At the end, you receive it in Word and PDF formats. You can modify it and reuse it.
In the document, the parties state their identifying information as well as responsibilities and rights. The document must also include details of the building, the contractor's license number, the construction address, a description of the builder's services, and payment terms. Note that it is required to specify when construction is due to begin and finish.
A completed document should be signed and kept by both parties.
Both state and federal laws govern Construction projects. If the Builder employs additional workers during the course of the construction project, they are required to meet the requirements of federal laws such as the Fair Labor Standards Act (establishes minimum wage, overtime pay, recordkeeping, and youth employment standards affecting employees) and the Federal Family and Medical Leave Act (requires covered employers to provide employees with job-protected and unpaid leave for qualified medical and family reasons). Further, public buildings are required to meet specific standards laid out by the Americans with Disabilities Act. The Parties should be sure to look into federal and local laws to be certain that their building project and labor practices comply.