Contracts TERMS OF AGREEMENT Contracts should be drafted to ensure that specific topics ar addressed. A crook contract should identify the contractor, the owner, and the designer. The scope of yi geezerhood for which the contract is being drawn should also be defined. The suffer whitethorn be defined in a descriptive fashion, along with specific reference to documents such as the body structure drawings and specifications. The contract may stipulate that the construction devise moldiness be completed by a granted counsel or within a given number of eld of the notice to proceed.
Failure to complete the project with stipulated time may result in liquidated damages charged against the contractor. The contract go out state how hires atomic number 18 to be do to the contractor. General, payments are made on a monthly basis. However, on teensy-weensy projects the payment for the entire project may occur later the project is completed. On other projects the contractor may be given an agreed sum before constructio...If you want to suit a full essay, order it on our website:
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