Building a Location for Your Small Business? Ensure the Construction Contract Is Solid

For many small business owners, watching their business grow from a home-based business to a stand-alone location is immensely rewarding. However, it is unwise to also admit that it is a massive undertaking, so it is critical to ensure your interests are well-protected. If you have plans to build a new building for your small business, an attorney can make sure the contract has your protection in mind.

Scheduling Demands

As the consumer, it is essential you include details concerning when the project will be completed. Rather than be forced to deal with a he said-she said situation, you need to ensure the construction contract includes a firm completion date. While there are all sorts of scenarios that can cause this date to fluctuate, having a clear completion date will ensure the project remains on track throughout the duration of the construction.

Financial Costs

A solid construction contract should also include specific pricing details. In addition to the total cost of the project, there should also be a fee schedule for other project elements, like change order fees, such as in the event you decide to make a change to the construction plan. You need to have a clear and concise listing of fees on the front end. An attorney can help you draft a contract that is all-inclusive and detailed. 

Dispute Handling

When it comes to construction, there is bound to be some sort of mix-up somewhere in the process. For instance, a pillar might be placed in the wrong location or the wrong type of tile might be installed. A good construction contract will list how disputes are handled, such as what happens when the project is off schedule or if there is a dispute with the quality of work. Without these terms listed in the contract, dispute recourse could be especially challenging.  

Scope of Work

Another important element that needs to be included within the construction contract is a detailed outline of the scope of work. The scope of work essentially pinpoints every detail of the project, from the design plans to the completion date to the materials used. If this information is not outlined clearly within the scope of work portion of the contract, essentially the contractor could make changes at will. A construction attorney will ensure that every element of the project is listed and accounted for.

Make sure you protect your interests. Partner with a construction law attorney who can prepare and review a construction contract to ensure you are safeguarded. 


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