Get the free CONSTRUCTION CONTRACT REVIEW CHECKLIST

USDA, Rural DevelopmentProject: (Rev. 3/16)Engineer: Phone: 2013 Edition ECDC Executed Contract Documents Checklist (Circle YES or NO)A. ECDC E500 (2014 Edition), Engineering AgreementAPPROVED:SNOB.

How to fill out construction contract review checklist

How to fill out construction contract review checklist:

1. Begin by carefully reading the construction contract from start to finish. Pay close attention to details such as project scope, specifications, payment terms, and dispute resolution procedures.
2. Note down any areas of concern or ambiguity in the contract that may require further clarification or negotiation.
3. Review the contract for compliance with applicable laws, regulations, and industry standards. Ensure that all necessary permits, licenses, and insurance requirements are addressed.
4. Verify that the contract accurately reflects the agreed-upon project timeline, including milestones, deadlines, and completion dates.
5. Check that the contract specifies a clear payment schedule, including any retainage or change order procedures.
6. Evaluate the contractor's responsibilities and obligations outlined in the contract and ensure they align with your expectations.
7. Assess the provisions related to subcontractors, suppliers, and materials to confirm they are adequately covered and meet quality standards.
8. Look for any clauses related to project delays, force majeure events, or termination provisions to understand the potential risks and consequences.
9. Evaluate the dispute resolution procedures outlined in the contract. Determine if alternative dispute resolution methods such as mediation or arbitration are preferred over litigation.
10. Finally, consult with legal counsel or a construction contract expert to review the completed checklist and seek professional advice on any recommended modifications or additions.

Who needs construction contract review checklist?

1. Contractors: Contractors should use a construction contract review checklist to ensure that the contract accurately reflects the scope of work, payment terms, and other vital details. It helps protect their interests and minimizes the risk of disputes or misinterpretations.
2. Project Owners: Project owners should utilize a construction contract review checklist to carefully evaluate the terms and provisions of the contract before signing. It helps ensure that their expectations are properly addressed and that they are protected from potential issues or delays.
3. Construction Managers: Construction managers play a crucial role in overseeing construction projects. They should use a contract review checklist to verify that the contract aligns with the project plan, budget, and schedule. It helps them identify any potential risks or legal requirements that may impact successful project execution.
4. Legal Professionals: Lawyers specializing in construction law can utilize a construction contract review checklist as a tool to analyze and assess the legal adequacy and compliance of contracts. It assists them in advising their clients and recommending necessary modifications or negotiating terms that are in their clients' best interests.
5. Project Stakeholders: Other project stakeholders, such as lenders, architects, engineers, and suppliers, may also benefit from using a construction contract review checklist. It allows them to ensure that their interests and responsibilities are adequately addressed and helps minimize potential conflicts or complications.

By employing a construction contract review checklist, all parties involved can enhance their understanding of the contract, mitigate risks, and minimize potential disputes throughout the construction project.

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What is construction contract review checklist?

The construction contract review checklist is a tool used to ensure that all necessary aspects of a construction contract are thoroughly reviewed and addressed before work begins.

Who is required to file construction contract review checklist?

The construction contract review checklist is typically filed by the project manager, contractor, or construction company that is overseeing the project.

How to fill out construction contract review checklist?

The construction contract review checklist should be filled out by carefully reviewing each section and providing the required information for each item.

What is the purpose of construction contract review checklist?

The purpose of the construction contract review checklist is to ensure that all parties involved in the construction project are on the same page and that all details of the contract are clearly understood and agreed upon.

What information must be reported on construction contract review checklist?

The construction contract review checklist typically includes information such as project scope, budget, timeline, payment schedule, and any special provisions or requirements.