5 Elements to Check before Signing a Roofing Services Contract
When looking to hire a roofing services contractor, a comprehensive and transparent contract is essential to eliminate the possibility of various confusions and hassles that may arise in future. A well-defined contract not only provides a detailed description of the contractor’s responsibilities, but also binds all the parties involved to their respective duties. So, now that you understand the significance of a well-defined contract, here are five elements you need to check before signing a roofing services contract.
Roofing services are cost intensive, and therefore, you need to ensure that your investment is in safe hands. Make sure the contract clearly mentions the type and period of the warranties, including both manufacturer and contractor warranties. In addition, you need to ensure that the contract also mentions the situations in which the warranties stand void.
2. Payment Schedule and Price
The contract should include all the costs involved in the project, including upfront payment, progress payment, final payment, and so forth, along with the payment schedule. In addition, there must also be the provision of contingency costs that may arise out of situations beyond anybody’s control. If, for instance, the prices of raw materials go up due to some reason, you should know the additional costs you would have to bear.
3. Scope of Work
The contract should include every minute detail of the project, such as the type of materials to be used, post-construction responsibilities such as site cleanup, timeline of all important milestones, and other such details. In a situation wherein the old roof needs replacement, the contract should clearly mention the process they will follow to dispose off the old roof. Moreover, the contract should mention any exclusions involved in the process.
4. Lien Release
Many contractors delegate a part of their tasks to subcontractors; however, if they are unable to pay to these third parties, the property owner may be held accountable for the liability. A lien release protects you from any liabilities that may arise out of such a scenario. Although there are several types of lien release in the US, some states only use a conditional waiver on progress payment and an unconditional waiver on final payment.
5. Termination Clause
The contract should clearly mention the terms and conditions under which the building owner or the contractor has the right to terminate the contract. It helps both the parties, as either of the parties can move away if they feel the project is not progressing according to their plan. Every termination clause should at least cover the following aspects:
- Breach of contract – Failure by one party to do what the contract requires it to do
- Insolvency – There is winding up order or bankruptcy order made against a party
Few Last Words
In addition to ensuring that you are presented a well-drafted contract, you should also consider the years of service of the contractor, as experience is a fairly reliable indicator of a company’s level of competence. Other factors to consider include work licence, client reviews, and insurance. If you are looking for roofing services, look no further than Longhorn. Driven by our desire is to be more than a contractor, we are your trusted partner for all types of roofing needs. Should you wish to learn more about our roofing services, feel free to connect with one of our experts.