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 settle for which the contract is being drawn should also be defined. The domiciliate whitethorn be defined in a descriptive fashion, along with specific reference to documents such as the manifestation drawings and specifications. The contract may stipulate that the construction devise mustiness be completed by a granted let down a line or within a given number of old age of the notice to proceed.

Failure to complete the project with stipulated time may result in liquidated damages charged against the contractor. The contract go out state how hires atomic number 18 to be do to the contractor. General, payments are made on a monthly basis. However, on picayune 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 get a full essay, order it on our website: BestEssayCheap.com

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