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Tractor Talk Discussion Board

Re: Hiring a contractor....... what are the terms....


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Posted by VADAVE on July 26, 2011 at 16:22:47 from (68.110.233.15):

In Reply to: Hiring a contractor....... what are the terms.... posted by Lloyd in South Carolina on July 26, 2011 at 11:39:24:

A contract is written evidence of what you and the individual/company doing the work agree to. So it can contain whatever you want and both agree to.
Some suggestions:
1) Do NOT pay out all the money till the job is done. Tough part is figgering out how much to hold back, some guys will keep coming back for 5-10% others will disappear when they have collected 75%. In framing my house I tried to hold back 25% but was soft-hearted and fell for a sob story and paid in full before it was done. Now we're in a lawsuit which is just costing more. Typically these type of guys don't own anything--it's all in the wife's name.
2) Always, Always have a signed contract. For the concrete work I had a signed contract and he more then lived to it; an absolutely honest person. The framer acted the same up front and I agreed to let it be without a signed contract, even though it was written. That then becomes an oral contract, but at least the terms are documented. I'm winning but it's costing lots more. Most contractors have a contract they like to use, go over it and insert/remove what you don't like; work for an agreement. If anyone refuses to sign get different contractor!


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