Many homeowners choose to have a building contract drawn up at the beginning of a home improvement project.
A building contract is a formal agreement between the parties involved in a building project, such as an extension. The contract is usually arranged by an architect and offers recognised protection to the homeowner and those executing contracted services.
The agreement can:
- Specify which suppliers to use
- Outline the details of any payment arrangements
- Provide insurance details
- List completion dates
It is important that the agreement is written plainly and understood by both parties. The contract will offer a homeowner peace of mind and an element of control over the management of their project and it will also act as a benchmark tool for the contractor. All of this will enable better planning, time and cost management of the whole project.