construction contract

A construction contract is a formal agreement between a property owner and a builder or contractor outlining the scope of work, costs, schedule, and responsibilities for constructing, renovating, or repairing a building or structure. It details what will be done, how much it will cost, when it will be finished, and how changes or issues will be handled. The purpose is to ensure both parties agree on expectations and provide legal clarity, helping prevent misunderstandings and disputes during the project.