The Construction Contract is a binding legal agreement that made between two parties; one of whom is the owner of the home or property where construction needs to be done and the other is the contractor who takes the job of construction. The construction contract can be for both small and large construction projects.
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Sample construction contract
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This agreement is made between Owner and Contractor on the effective date of 18th November, 2011.
Owner represented by
Mr. David Gilmour
Address: 78-6980 Kaluna Street #136, Kailua Kona HI 96740
Contact number: (808) 326-9540
Contractor represented by:
Mr. Roger Waters
Address: 75-6040 Alii Drive #314, Kailua Kona HI 96740
Contact number: (808) 840-2789
Terms and Conditions:
The Owner “Mr. Gilmour” under this Construction Contract will employ the services of the Contractor “Mr. Waters” to do the necessary construction work. The contractor in question will provide all tools, materials, and machinery required to complete the construction work. The Contractor will be responsible for construction of a 2-bedroom independent house <description of work> at “73-4469 Hane Street” <site> in Kailua Kona in the state of Hawaii for a sum of $175,000 <amount>, in accordance with the specification and drawings mentioned in Section 3 of the Contract.
The Contractor will begin work within 5 days from the date of signing this Construction Contract Agreement and will have to complete the work within 90 days thereafter.
The Contractor will ensure that they have the necessary liability insurance to cover any injury, accident, or death suffered within the premises and during construction and should also have the necessary Workman’s Compensation Insurance. The Contractor will need to show the Owner proof of such insurance plans.
The contractor will not assign this Construction Contract Agreement to third party without informing the Owner or without a written consent from the Owner.
IN WITNESS WHEREOF, the parties “Owner” and “Contractor” have executed this Construction Contract as on the date set forth which is 11/18/2011 (MM/DD/YY).