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 name for which the contract is being drawn should also be defined. The set out whitethorn be defined in a descriptive fashion, along with specific reference to documents such as the twisting drawings and specifications. The contract may stipulate that the construction devise must be completed by a granted realize or within a given number of long time 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 argon to be do to the contractor. General, payments are made on a monthly basis. However, on lowly projects the payment for the entire project may occur after the project is completed. On other projects the contractor may be given an agreed sum before constructio...If you want to swallow a full essay, order it on our website:
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