Contractor News

Important Things to Know About Drawing Up Construction Contracts

Taking on new projects, whether with new or past clients, can be an exciting prospect. However, while everyone may be eager to get started, as a preventative measure to avoid costly misunderstandings down the road, there are certain logistics that need to be settled before the actual work can begin. One of the most important steps to accomplish before getting to work on a new construction project is drawing up a detailed construction contract. What is a Construction Contract? A construction contract is a legal document drafted by relevant parties involved in the project that lists each party’s obligations to...