Check for all the right elements.
When you select a bid, negotiate the contract. A contract should contain these elements.
Your contract with us
will contain...
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-Description of work. This should be a desription of all work to be done, the types of materials and finishes. A good contractor will address things shuch as weather delays or change orders.
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-Price. Fixed-price contracts for the work to be performed should specify the total cost of the job. Cost-plus contracts should specify the cost of materials and labor.
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-Pay Schedule. This spells out when you will pay the contractor. Do not put down more then $1,500 at the time of the signing of the contract.
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-Dates. A schedule of when work begins and ends.
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-Right of Recision. This gives the homeowner the right to back out of the contract whithin 72 hours of signing.
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-Warranty. Look for a guarantee that the labor and materials are free from defects, preferably up to one year.
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-An Arbitration Clause. You and the contrator agree on and name a method for resolving disputes.
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-Release of Liens Affidavit. This assures homeowners they won't be slapped with any liens or charges to pay debts that may be filed against the contractor.
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