Maui Home Construction Contract Checklist
Things to Include in Your Construction Contract
If you do not want to have any regrets on your Maui custom home construction project, then you must pay close attention to your contract. Here are things to consider if you want a solid construction contract.
Consider the Price – You Get What You Pay For
Do not be lured by low estimates or special discounts that apparently apply only today. There are high chances that a Maui contractor who makes a bid much lower than everyone else might not be bidding apples to apples. For example, one contractor might be bidding all plywood cabinets while the other contractor is bidding with a particle board cabinet. Or one home builder could be including granite counter-tops in the estimate while another will only include formica counter-tops. These are the details that you ought to know. Each contractor will provide an estimate based on what he normally uses. And you won’t know that until it’s too late, unless it’s all detailed in writing from the start. All good Maui contractors do not mind providing a written document of all materials used specifically for your project.
Here are the rest of the items for your Maui construction contract checklist:
Specify all work stages and payments (draws). It’s typical for Maui home builders to break it up into five payments. The first draw happens at the start of work. Then the second draw is made after excavation and concrete. The third draw is made after framing, the fourth after drywall, and number five is made after completion of the home.
Details are important throughout the estimate, but nowhere more than when it comes to building materials. The specifications should include brand names when appropriate, color, style and materials to be used.
State of Work Site
The state of the work site includes making sure the work site is cleaned daily and in a safe working environment for all involved. And when your new home build is complete, everything should be spotless.
Include specific dates when the work begins and ends.
In addition to attaching the contractor’s insurance certificate to the contract, it should also be mentioned within the agreement. The liability clause should include a statement indicating that the contractor will not hold you responsible for any property damage or personal injury during work.
Does the job have any warranty? Construction may involve more than one warranty covering specific portions of the work. Specifically, all the work done should be warranted. Materials, on the other hand are normally covered by manufacturers’ warranties. Warranties, for all intents and purposes, should cover all labor. If there was a fault in workmanship, then it’s the contractor’s fault and that should be covered in the warranty. However, if the materials were faulty, then it was a material failure, and that’s when the manufacturer’s warranty or home insurance kicks in.
Details like this should be specified in the contract. People generally “forget” details not put in writing.