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outonalimb_2007

What terms should go into my contract with GC

outonalimb_2007
15 years ago

I am in Illinois, and am close to contracting with a GC who does very good work but does not seem to be much for detailed contracts. I, however, want a strong contract so as to avoid problems down the road. So, I will likely have to provide one to him.

My question is, does anyone have any suggestions for what this contract should say? What particular terms it should have (ie, penalty if not finished on time, liens waivers signed by subs before GC is paid, etc)? Any suggestions for form contracts I might use? I could draft it myself if I had to, but need more info about what to include.

Just looking for an ounce of prevention, I suppose --

Thanks.

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