Site Work Contract for Contractor Massachusetts Form
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People also ask
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What is the best contract for contractors?
Lump sum contracts work especially well for projects with a well-defined scope of work, which enables contractors to make an accurate estimate of the project's cost. While lump sum contracts are extremely useful, they do have drawbacks. May lead to higher profit margins.
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How long is a contractor liable for work in Massachusetts?
Construction Law and the 'Right to Cure' Statute of Limitations Massachusetts 6 years for contracts 3 years for torts Michigan 6 years for contracts 3 years for torts 1 year for injury resulting from gross negligence Minnesota 2 years from discovery of injury for contracts or torts Mississippi 3 years for contracts and torts47 more rows
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How much can a contractor ask for upfront in Massachusetts?
By law, the contractor cannot collect more than 1/3 of the cost of the contract in advance, unless special order materials are needed.
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How long after a contractor completes work in Massachusetts?
Final payment to prime contractors is due within 65 days of substantial completion of the project; the retainage payment is due within 30 days from submission of invoice.
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What is contractor negligence?
Contractor negligence refers to the failure of a contractor or construction professional to meet the expected standard of care and skill in performing their contractual duties.
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How long does a contractor have to pay a subcontractor in Massachusetts?
Generally, the general contractor (GC) must pay each subcontractor (sub) as soon as he receives any payment from the awarding authority for work or materials the sub has already provided. Within 65 days after the sub has completed all his work on the project, he is due the entire balance (minus any retainage).
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How long does a contractor have to warranty his work in Massachusetts?
(d) The Implied Warranty of Habitability shall apply for three years from date of sale of the renovated/remodeled house or condominium by the Commonwealth licensed contractor. No parties involved in the transaction have the power to void or overlook this warranty.
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How to create an independent contractor agreement?
How to draft an effective independent contractor agreement? General information about the parties. ... Scope of work and deliverables. ... Compensation and payment terms. ... Reimbursement policies. ... Employment benefits and liability exclusion. ... Termination clause. ... Indemnification clause. ... Dispute resolution.
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