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Construction Work Contract Agreement

oboloo Glossary

Construction Work Contract Agreement

A Construction Work Contract Agreement is a type of formal contract between two or more parties that outlines the specific details and expectations for a construction project. The agreement should include the scope of work, timelines and milestones, payment terms, responsibilities of each party, as well as provisions for changes, delays, dispute resolution, and other important matters. It also sets out how disputes are to be resolved in an efficient and amicable manner. It’s essential to ensure this agreement captures all pertinent details to ensure all involved parties are on the same page and working towards the same end goal.

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