From the course: Writing Construction Proposals and Budget Proposals

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Terms and conditions, inclusions, and exclusions

Terms and conditions, inclusions, and exclusions

From the course: Writing Construction Proposals and Budget Proposals

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Terms and conditions, inclusions, and exclusions

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- [Instructor] In previous lessons, we have discussed the importance of listing what scope items are included and what's not included in your proposal. In addition to that, it's important that the contractor or service provider list clear parameters of how they expect to conduct business with the client. By doing so, eliminates the possibility of miscommunication and heartache or contention between the two parties. There are many non-construction related items that a contractor and an owner should agree upon and understand before starting a large project together. Some important ones are payment and payment schedule. How does the contractor request payment? When does a contractor get paid in relationship to the payment application and what constitutes or justifies partial payment on the project? Most builders and contractors carry standard liability insurance. However, there's a variety of different types of additional insurances. An owner may ask the contractor to match their…

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