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The Value of a Solid Contract

By March 2, 2015May 25th, 2015No Comments

Hiring a roofing contractor in Lewes DE is one of the most crucial parts of a home improvement project. The success or failure of a project depends highly on the expertise of your contractor as well as proper communication between both parties. Once you have chosen a contractor you want to work with, it is important to prepare a contract where the specifications of the project should be stated.

What is a Contract and Why is it Important?

A formal written contract is an agreement between a contractor and homeowner. It states the expectations and deliverable of both parties for the duration of the home improvement project. A contract is a legal document that protects both the homeowner and the contractor.

Simply put, it is your assurance that you’ll get your money’s worth and the contractor’s assurance of getting paid. Signing a contract, however, is just the first step to protecting yourself from fraudulent contractors and other problems down the road. This is why it’s important to know how a contract works.

What should be Included in a Contract?

A contract depends on the agreement of both parties. However, there are basic things that should be included (but are not limited to) such as:

  • Payment – The contract states how the contractor will be paid. It’s common for some contractors to ask for down payment but be wary of contractors asking for full payment before starting the project. A detailed list of cost of materials and labor should also be included in the contract.
  • Proof of license and insurance – This information will show that you’re dealing with a legitimate business. Local authorization must also be discussed in the contract.
  • Duration of the project – The timeline of the project should also be specified in the contract as well as a clause for penalties of missed deadline. This will assure you that your contractor will aim to finish the job on time.
  • Protection of property – Have a separate clause for the steps a contractor will do to protect your property for the whole duration of the project.
  • Procedure for unexpected changes – You’ll never know what may happen while the project is going on. Have a clause specifying the steps a contractor should take in case there should be changes in the project. This way, nothing will be done without your knowledge of approval.
  • Termination clause – Specify reasons allowing any party to walk away from the contract without liability. Common reasons for terminating a contract are poor quality of work, delays, and inadequate communication.

To get the most out of your investment for your roofing in Lewes De, read the contract carefully before signing it. Make sure all the required clauses are in place so the contract can protect you and your home better.

For your roofing needs, get in touch with Spicer Bros. Construction. With years of experience in the industry, we have helped many homeowners update their homes. You could be one of them. Contact us today.