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Construction Contract

Construction Contract: What Is It?

A construction contract is used to legally detail the services and costs associated with any type of construction project. This could be for a home or business. Depending the client, a construction contract will have some different details. A residential contract will differ slightly from a commercial construction contract.

All construction contracts should detail the schedule for construction. This is an outline that will include milestones for completion, projected dates, and an estimated length of construction. The contract will also need to detail the payment schedule for this project. It should include whether or not a deposit is required, how often payments will be needed, and what the estimated total amount of the project will be.


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