A construction project contract is a written document which is made when a construction company is hired by a client to work on a construction project in return for a certain amount of payment. Such contracts consist of those points which are discussed and agreed by the involved parties. These documents are legal in nature and the binding for the involved parties.
Sample Construction Project Contract
This contract has been made effective on the date: 24th March 2011
This contract has been made by and between Mr. Henry Joseph who is the OWNER of the property and Mr. Paul Remington who is the CONSTRUCTION COMPANY.
The details of the parties are given as follows:
Address: 29-h, second floor River end street, London
Contact number: 409840384004
Address: W-3, first floor, Tim road, London
Contact number: 477294879044
Address: 3-K, Greg Estate, London
The construction is to be carried out from 8 am to 8 pm.
The materials are to be bought by the company from the money provided by the owner.
Total cost of construction: $30000
Termination date: 24th September 2011
Terms and conditions:
- The CONSTRUCTION COMPANY must complete the work within the time slot given.
- The OWNER must make the payment at the termination date of the contract.
- The CONSTRUCTION COMPANY must work according to the safety norms and use the best quality products.
- The CONSTRUCTION COMPANY must work according to the plans and designs of the architect.
Validation of the parties: