Important Considerations for Your Construction Contracts

Disclaimer: This blog is only intended for educational purposes and shouldn’t be used as a substitute for legal advice.  

A contract is a legitimate formal arrangement between multiple parties. However, each jurisdiction has its unique rules covering contractual obligations and implementation.

As an independent person, you’ve probably signed many contracts, whether you’ve leased a vehicle, purchased a house, or registered for a debit card. Nevertheless, you’ve probably never seen a construction contract before, and it may appear strange to you when you review it. However, it’s ideal to consult with a professional and competent lawyer about the details, a few things to keep in mind as you prepare to finalize a construction contract.

Take a look at this guide to learn about some important considerations for your construction contracts.

1. The Project’s Goals

The contract must have a set of goals that should be completed by the end of the project.

2. The Price And Conditions Of Payment

While the contract strategy must be detailed, the payment dates and criteria should be straightforward and concise, stating the payment arrangement, covering sums and payment rules and restrictions.

3. The Project’s Schedule

Ensure that the agreement defines the construction schedule, such as the date of permission letter, the first day of construction, and the ending date. It must also include a contingency plan for foreseeable setbacks, such as license issues or adverse weather.

4. Quality Testing & Management

Construction quality refers to a project’s completion within the frame of the project’s parameters. It serves as a collection of project requirements centred on the owner’s goals, and it outlines how to complete the job while meeting all the requirements.

Important Clauses To Mention In A Construction Contract

1. The job should be done under the guidance and control of the contracting company.
2. The construction company will be accountable for the actions of the employees or subcontracted personnel.
3. The construction company will be held accountable for third parties related to the project.
4. The builder is accountable for getting all local or provincial government permissions and building approvals, along with providing all original paperwork to the client upon project completion.
5. The construction company can’t change the cost if there have been any adjustments in the blueprint or layout unless it was issued in written form by the investor and contains a definite price hike.
6. When the project is carried out on land within a residential property, the construction company should request approval from the superintendent of the housing complex, as the designs should be secured under the legal regulations and guidelines.

Hire An Experienced Lawyer With The Help Of Nanda And Associate Lawyers Professional Corporation At Affordable Prices

Drafting a construction contract by yourself can be a complex task. You need legal assistance to ensure that you’re getting scammed. If you’re looking for a civil litigation lawyer in Canada, Nanda and Associate Lawyers is your best bet.

We have a qualified set of lawyers who have been helping the resident of Ontario in drafting different contracts. We also offer personal injury, divorce, real estate and family law services at reasonable prices. Please book your consultation with our civil litigation lawyers today.