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 prep atomic number 18 for which the contract is being drawn should also be defined. The fend may be defined in a descriptive fashion, along with specific reference to documents such as the edifice drawings and specifications. The contract may stipulate that the construction devise moldiness be completed by a granted scan or within a given number of geezerhood 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 are to be do to the contractor. General, payments are made on a monthly basis. However, on microscopical projects the payment for the entire project may occur afterwards the project is completed. On other projects the co ntractor may be given an agreed sum before constructio...If you want to sire a full essay, order it on our website: BestEssayCheap.com
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