Construction contracts are agreements between owners and contractors. It is an important element in the building and construction industry, and the key to achieve success before starting off a building project.
There are different types of building and construction contracts that aim to cater to the rights and needs of owners and contractors alike. Here are the most common types of home construction contracts used in Sydney:
However, construction contract types also vary according to the association that provides assistance to homeowners and contractors. In Australia, there are three big building and construction associations that offer construction contract services:
A. Companion Forms
B. Extension of Time Claim
C. Progress Payment Claim
Small Builders is an Australian building and construction software for builders and contractors. Its sole purpose is to help builders and contractors run a sustainable business. They are provided with powerful automated tools that could help them effectively manage their business and increase their profit.
One of the services that SB offers is Contract Administration. It aids builders and contractors in creating a carefully constructed contract for their building projects.
Aside from debt recovery and providing assistance with building disputes, specialist building and construction law firm Contracts Specialist also offers Contract Review services.
Contracts Specialist has extensive experience in drafting and reviewing a wide range of contracts of our clients – both contractors and homeowners – such as Home Building, Commercial, Lump Sum, and Cost Plus contracts, as well as Subcontract Agreements.
Before signing any construction contract, you may consult with our specialist Construction Contract Lawyer to so you can make sure that the things written on that agreement will be in your best interest. Also, it is important to be aware with common issues that may arise relating to building disputes such as:
Lack of building
the work done
Consult with Contract Specialists so you have peace of mind and can ensure that you can avoid legal issues in the future.