Four Things to Include in a Contract with a General Contractor in Louisville KY

by | Feb 20, 2013 | Home Improvement

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Hiring a general contractor is something that many homeowners will have to do at one time or another. It doesn’t have to be a difficult process if you know what to look for with a contractor. The most important part of your relationship with someone who works on your home is the contract. Here are four things you should make sure gets included in your contract with a general contractor in Louisville KY.

Dates for Beginning and Completion

One of the main things you should look for in your contract with a remodeling contractor is a beginning date and a projected ending date. The dates can be approximate because it’s impossible to predict everything that is going to happen. But having an approximate date to work with and plan on is essential.

Scope of the Work

When working with general contractor in Louisville KY, you should make sure the contract spells out the work that you are hiring them to do. Having it in writing gives you the opportunity to make sure they understand what you are looking for with the project. In addition to that, it also gives you something to compare once the job has been completed. You can go through the work described in the contract so you can make sure everything has been completed.

Payment Terms

Depending on the type of project that you need to have done, your payment terms may differ. For larger projects, you and your contractor might work out a payment schedule. This means that you would pay a portion of the total bill during the duration of the job. For example, you can agree to pay 25 percent of the total after certain parts of the job get finished or after a certain time period. The payment terms are between you and your general contractor in Louisville KY, but make sure the details are spelled out so there are no misunderstandings.

Option for Termination

There may be a time when you simply want to terminate the project. There can be different reasons for this, including being unhappy with the job that the contractor is doing, running out of money for the project, or you simply no longer want the project completed by the contractor. The contractor may also want to have a way to terminate the contract for various reasons. Make sure the terms for potential termination are explained so there aren’t any unnecessary lawsuits if you decide to halt the project.

The experts at SG Construction LLC can help you with all of your general contracting and home building needs. Find out more about their services by going to Sgconstructionllc.com

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