The contract is one of the most critical elements of a window replacement project. Before signing on the dotted line, make sure to read through it carefully and understand all the terms and conditions that are included. The legal document will protect you and the contractor from any discrepancies after completing the home remodel. Here are the things you need to know:
Two Types of Contracts
There are two types of contracts that may be presented to you by the professional windows and French doors contractor. Understanding each type will help you make better decisions in the future.
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Fixed Price Contract: This type of contract is all inclusive, detailing information about building materials, labor costs, permits, refuse collection and more. A great benefit of the fixed price contract is that the contractor is responsible for paying for any extra costs not written on paper and the labor if they go over the timeline.
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Time and Materials Contract: This type of contract is subject to change based on the time and materials needed to complete the project. This means that there is no certainty of cost or timeline. If the contractor presents you with this type of contract, ask them to draw up a fixed price contract instead.
Content of a Window Contract
A good window contract should include the following:
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Contact information for your contractor. This includes the mailing address, phone numbers and an e-mail address of the contractor.
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An overview of the project. This ensures that your contractor understands the scope of work that you require from them.
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Outline of materials and cost. A portion of your contract should include an itemized list of materials that will be used and their costs.
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Proof of liability and license. It is important that you work with a window and sliding glass doors contractor who is licensed in your state and carries liability insurance to protect you from discrepancies and accidents.
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Timeline. This includes the start and finish dates of the project. Make sure it spells out penalties for missed deadlines.
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Payment terms and schedule. The payment schedule includes the ways you can pay the contractor. It also details how much your contractor requires as a down payment. Note that it should not be more than 30%.
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A termination clause. This will protect you and the contractor from keeping a bad project. It should include the reasons you and the contractor can pull out from the remodeling task, such as an unsafe work environment and failure to pay.
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Lien. Make sure your contract includes the contractor’s lien. This ensures that subcontractors cannot hold you responsible for the obligations of the contractor, such as payment.
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Hours of work. This indicates the hours and days you can expect the installation team to arrive and wrap up.
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Warranties. Find out if the contractor offers warranties for their work. Information should be included in the written contract.
Renewal by Andersen® of Denver is a premier source of replacement windows and patio doors. We work diligently to provide homeowners in and around Colorado Springs and Denver, CO, with exceptional service from start to finish. Call at (303) 968-3287 or fill out our contact form to set up an appointment.