Contracts

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 build for which the contract is being drawn should also be defined. The ache may be defined in a descriptive fashion, along with specific reference to documents such as the formula drawings and specifications. The contract may stipulate that the construction devise mustiness be completed by a granted stage or within a given number of eld of the notice to proceed.

Failure to complete the project w ith stipulated time may result in liquidated damages charged against the contractor. The contract go out state how hires are to be do to the contractor. General, payments are made on a monthly basis. However, on piffling projects the payment for the entire project may occur by and by the project is completed. On other projects the contractor may be given an agreed sum before constructio...If you want to suffer a full essay, order it on our website: OrderCustomPaper.com

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