Contractor contract request

[Joseph Eiwuley]

I am a newbie doing my first BRRR. Does anyone have a draft contract agreement that I could use or follow to get the contractor to adhere to the terms & conditions during the duration of the work? Yet still if there is a website to download a generic contract agreement. My project is in the Houston area.

[Kevin Sobilo]

@Joseph Eiwuley, you might have to use the contractor's base contract because some municipalities require the contract to be on the contractor's letter head etc.

What I have done is this. I use the contractor's contract. It will give a description of the project, the cost, and the payment schedule. Example "1/3 up front, 1/3 rough work complete, 1/3 upon completion". Then I have the contract say something like "Additional details on attached project scope agreement".

I will write a project scope agreement that fills in some critical details only. I will generally do something in outline form breaking the work into phases and then into smaller groups by room or whatever makes sense. I will put in any details I think are critical such as # of outlets to be added to a room etc.  Then I will specific what gets paid at the end of each phase and also I have put in there a bonus for early completion and a penalty for late completion.

The basic idea is that the contractor's contract is a summary and what will be required for permitting, but you can have another document that you both sign that specifies out the details.