My dad signed a contract with a construction company several weeks ago to
have his roof replaced and some other related repairs. Half the total was
paid as deposit. The company folded due to odd circumstances, but the owner
is promising to make good on those contracts he'd already accepted money on.
He will be doing business under a new company name, and will be working
under the license and insurance coverage of another company, so we are told.
Can anyone here give any suggestions on wording that should be added to the
new contract to protect my dad further. He is going to give this guy
another chance, otherwise he'd surely be out $5K, this way he might be out
$5K. Can wording be added suggesting a timeline for start and finish that
would affect the total cost, like a penalty for delays, or is that a no-no?
Anything else? My dad has asked that I be present at the new contract set
up and signing, as witness and to ask any questions that might not occur to
him. The new contract is to be signed this Monday morning. Thanks for any
suggestions.

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Melissa
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