One of the key elements of a successful home improvement project is the contract you sign with your general contractor. It is mutually agreed upon, legally enforceable, and requires change orders to revise. A clear, understandable contract can prove the difference between a smooth and enjoyable renovation and one of those nightmare disasters you sometimes see on tv. The contract protects you. Additionally, it provides a clear budget breakdown to keep the project on schedule. Here are some pointers on the details that ought to be in a renovation contract.

 

Are they Licensed?

 

Make sure your contractor has all the necessary licences to carry out the tasks mentioned in the work order/contract. They should be able to give you their licence numbers and other details so you can verify everything is current. You want to avoid dealing with the potential legal ramifications of hiring someone to do a job they aren’t qualified for. For specialized tasks like plumbing or electrical, this is crucial.

 

Do They Have Insurance?

 

The majority of general contractors have liability and other types of insurance all ready to go before you meet with them. Although they might not include the insurance documents with the contract, you can request to examine them to make sure the contract specifies the coverage. If your contractor is uninsured, any resulting liabilities or damages won’t be covered and can wind up being your responsibility.

 

Do They Detail An Expected Timeline?

 

Many contracts will divide up your timeline. Despite the fact that minor delays caused by supply problems or bad weather are ultimately unavoidable during renovations, your contractor will make every effort to stick to the schedule they have agreed to. Make sure the anticipated completion date and important dates for construction milestones are noted. 

 

What Is the Scope of Work?

 

The whole scope of work must be specified in the contract. The contractor will be expected to complete the entire list of tasks here. It can also refer to anything you have to provide them (such as supplies, furniture, etc.). The scope of the work should include everything that has to be done. It should include all relevant information, including material specifications, types of finishes, permissions, clean-up procedures, etc. Depending on how complicated the project is, the list may include more than just these line items.

 

Is There A Payment Schedule?

 

Your contractor and you will remain on the same page regarding the amount owed if you have a payment schedule in writing. Any future billing problems will be resolved by having this document. To guarantee that your payments are progressing and not just flying through the air, payments are frequently linked to project milestones or completion rates. Never pay in full before work starts and never pay for work that has not been completed.

 

What Is the Warranty?

 

A warranty on their work will be given by reliable contractors. It is evidence of their commitment to their profession and a signal that the calibre of their work is something they are proud to stand by. Verify that the contract is explicit regarding the warranty’s scope, duration, and exclusions.

 

Conclusion

 

A general contractor makes working on large projects less stressful. You want to be able to have faith that the sizeable investment you are making will lead to a timely, high-quality renovation that you will be able to enjoy for years to come. So, it’s essential to have a solid, comprehensive contract in place before beginning any renovation project.

 

iCoastal Designs is your trusted bonded, insured, and licensed contractor in South Florida. We stand by our efforts. Get a free estimate on your job by calling!