RC THEBERGE GC, INC.
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The construction documents generally include the construction agreement & scope of work, addendums & changes, the specifications, and the drawings. As with any agreement, the construction documents should clearly define the expectations of the parties. Incomplete, insufficient, or ambiguous documents can lead to problems. An independent review of your documents will help to avoid conflicts after the work has started.
For any significant project, you should always consult with your attorney and insurance agent.
Maine law limits the initial deposit amount to 1/3 of the contract price. This is a maximum amount which may not be justifiable for some projects. Talk with your contractor to see what his (her) needs are and work with him (her). Once you have made the initial deposit, your payment schedule should be based on significant project milestones, on percentage completion, or on monthly work-in-place, and bring you to a more balanced financial position with your contractor.
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