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Starting a remodeling project involves finding a reputable contractor to handle the hard work. Once you decide on a dependable company, having the right contract in place can keep your investment safe and make sure the job goes smoothly. Here are a few of the must-have components every home renovation contract should include before work begins.

4 Details Every Remodeling Contract Should Include

1. Description of the Project

Every remodel or home renovation project needs to be outlined clearly before any work can begin. This allows both the homeowner and the contractors to make sure they understand what’s expected with every project. Take the time to lay out who is responsible for what tasks and how much the estimated material costs will be before agreeing to the terms of the contract.

2. Dates of Completion & Consequences of Missed Deadlines

Before any project begins, you need to know the start date and the estimated completion date. This helps to hold the remodeling crew accountable for their work and reduces the risk of them running over the deadline. You may want to consider including consequences for failing to meet estimated deadlines, including an option to back out of the contract if enough work is not performed in a timely manner. 

3. Proof of Licensing & Insurance

RemodelingEvery contractor you work with should be licensed, insured, and fully bonded. This protects you from liability and gives you legal recourse should the contractor fail to complete the job. Ask the contractor to include proof of insurance and licensing with the contract so you can reference it later if needed. 

4. Termination Clauses

Sometimes, contractors or homeowners will want to leave the project even if it’s only halfway done. By including a termination clause in the remodeling contract, you and the construction team will be protected should either party need to leave the job. As a homeowner, this protects you from contractors looking to draw the work out, and it protects contractors from clients who may constantly seek to change the design or attempt to drastically reduce the budget.

 

Finding the right contractor to handle your remodeling project doesn’t have to be a challenge. Let the team at Eagle Construction Co Inc in Wisconsin Rapids, WI, help you transform your current house into the home of your dreams. Whether you’re looking to renovate the bathroom or want to customize your kitchen, their dedicated contractors and crew are ready to help. Learn more about their services online and call (715) 424-1147 to schedule a free consultation today.

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