![]() You may have heard horror stories about subcontractors later looking to homeowners for payment when the general contractor fails to pay them.Īt first glance, you might be thinking you should be putting together a general contractor and subcontractor agreement, rather than one that covers only your general contractor. Most general contractors hire subcontractors to help them with remodeling projects, so it's quite likely that yours will, too. General Contractor-Subcontractor Agreement ![]() While these are some of the essential terms that should be included in your contract, a search online for sample general contractor agreements should give you ideas as to other terms and conditions you may want to incorporate into your general contractor agreement. Instead, include in your general contractor agreement a section that sets out the conditions under which either you or your general contractor can terminate the contract. You do not need to have a separate general contractor termination agreement. Since you don't want to end up facing unexpected costs due to a change your contractor wants to make, it's important to stipulate that any changes will require your written approval. ![]() A section of your agreement should deal with how project changes will be handled. Your agreement should state that your general contractor is responsible for obtaining permits and meeting any state or local requirements. Additionally, general contractors are often required to meet certain licensing, bonding, and insurance requirements. Most home remodeling projects will require building permits or other municipal authorizations. These payments are usually dependent on completion of various parts of the project, and should be set out in full detail in your agreement. Your agreement should set out not only the total amount to be paid, but also a breakdown of when partial payments will be made. Use this information to come up with a timeline for when certain parts of the project will be completed. After discussions with your general contractor, you should have an idea how long the work will take. While you might think certain details are too minor to be included, setting out even the smallest details in writing helps clarify what the general contractor is responsible for. The work that will be done needs to be described in full detail. ![]() Detailed description of the work to be done.These details should include the general contractor's name, place of business, phone number, and license number. Essential terms that should be in the agreement include the following: The Standard General Contractor AgreementĪ general contractor agreement basically sets out the legal rights and obligations of the homeowner and the general contractor. If the person you're considering hiring to act as the general contractor for your home remodeling project is resistant to signing an agreement, it's definitely time to start looking for another general contractor. Once the contract has been signed, it's a binding legal document that will go far to help prevent conflicts that might otherwise arise.Ī reputable contractor will not balk at signing a general contractor agreement with the owners of the home that the contractor will be remodeling. If you're planning to hire a general contractor to handle the remodeling of your home, it's important to take the time to put together a detailed general contractor agreement.
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