The specific terms may vary based on the nature of the construction project.
1. Scope of Work: Clearly define the scope of the construction project. Specify the work to be performed, including deliverables, milestones, and deadlines.
2. Pricing and Payment Terms: Outline the total project cost and payment schedule. Specify the payment methods accepted. Detail any penalties for late payments.
3. Change Orders: Clearly define the process for change orders. Specify how changes to the scope of work will be documented and billed.
4. Project Timeline: Establish a project timeline with start and completion dates. Outline any penalties or bonuses related to project deadlines.
5. Permits and Approvals: Specify which party is responsible for obtaining necessary permits. Outline any costs associated with permits.
6. Insurance and Liability: Specify insurance requirements for both parties. Clearly outline liability responsibilities in case of accidents or damages.
7. Quality Standards: Establish quality standards for materials and workmanship. Outline procedures for addressing defects or deficiencies.
8. Subcontractors: Specify whether subcontractors will be used. Clarify the responsibility for hiring and managing subcontractors.
9. Termination Clause: Define conditions under which either party can terminate the contract. Specify notice periods and any associated fees.
10. Dispute Resolution: - Outline a dispute resolution process, such as mediation or arbitration. - Specify the jurisdiction and governing law for dispute resolution.
11. Force Majeure: - Define the circumstances under which either party may be excused from performance due to unforeseen events (force majeure).
12. Confidentiality: - Establish confidentiality provisions to protect sensitive project information.
13. Warranties: - Specify any warranties provided for materials and workmanship. - Outline the process for addressing warranty claims.
14. Health and Safety: - Clearly articulate health and safety requirements on the construction site. - Outline responsibilities for maintaining a safe work environment.
15. Governing Law: - Specify the governing law that will apply to the contract.
16. Communication: - Outline communication protocols, including designated points of contact for both parties.
17. Indemnification: - Specify indemnification clauses, outlining the responsibilities of each party in case of legal claims.
18. Hold Harmless Clause: - Include a hold harmless clause to protect both parties from certain liabilities.
19. Compliance with Laws: - Require both parties to comply with all applicable laws and regulations.
20. Entire Agreement: - State that the T&C constitute the entire agreement and supersede any previous agreements.
It's important to consult with legal professionals to ensure that our/your specific construction company's needs and local regulations are adequately addressed in our/your Terms and Conditions.