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DOCUMENT REVIEW


 

 

Document Review:


  1. Review construction agreement, scope of work, and specifications

  2. Review cost and payment schedule

  3. Review drawings for completeness and potential problems

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. 

 

Also see:

MAINE CONSUMER LAW GUIDE  

 

        Chapter 18. Attorney General's Model Home Construction or Repair Contract

 

 

Payment Schedule:


 

Cardinal Rule # 1. of Building Construction:   

Never pay for work before it has been completed and properly inspected for completeness and adherence to the construction documents.

Cardinal Rule # 2. of Building Construction: 

When the work has been properly completed and inspected, pay promptly.

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.  

 

NOTICE:


MECHANIC'S LIEN:

 

 

 

 

 

    

Please contact: bob@rctheberge.com with questions or comments about this web site.
Last modified: June 13, 2011