Residencial Mac-Kay Las Condes

Agreement Between Owner And Contractor

Agreement Between Owner And Contractor

01/12/2020 • Under: Sin categoría

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A construction contract is a legal document that binds the two parties to the agreed terms. It mentions the duration of the project, the cost per square metre or per item, the building materials used, etc. The owner should be able to monitor the work done by the owner and require modifications based on his needs. The contractor is required to supply the goods and products in accordance with the contract. There should be communication between the owner and the contractor so that the project is carried out without any problems. (9) The contractor works in coordination with other organizations working on the building. It gives them all cooperation and support. The completion date is not extended to this account. The contractor must rectify the damage caused by the building`s electricity, sewerage and water supply work, which must be paid accordingly. If there are changes, they should be made in accordance with the agreement between the owner and the contractor. In most cases, there will be no change. The changes will be minor.

For example, the layout of cabinets, wiring and the inclusion of additional power outlets and other aspects may be discussed by the owner, so that his interests are served by the contractor. As long as construction costs are within the price limit, there will be no difficulty in making changes. Risk factors should be included in the contract to protect the interests of the owner. If you do not read the written agreement, you will not be in a defensive position. The supply of products and services is mentioned in the contract between the owner and the contractor. If the contractor`s request is appropriate, the request is processed by the owner. If the lessor is not satisfied with the extension beyond a reasonable period of time, the contractor is required to pay damages. The terms and conditions agreed by both parties should be taken into account in writing. This information should be included in the agreement. Information on the type of materials used for construction should be included in the agreement.

YES, It is very important to get a construction contract even before the construction of a house, because it clearly mentions the conditions agreed between the two parties such as owners/contractors/work contractors. The standard agreement between the owner and the contractor will contain full details of the construction. The construction must be carried out as a local construction. The contract should include drawings and specifications approved by the relevant authority. Details of the authorization granted by the local government should also be mentioned in the agreement. The owner may employ and pay others to remedy these defects and defects, and the full cost and expenses that result will be borne by the contractor or reimbursed by the contractor, by any money, including withholding pay due or by any other means.

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