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Phil Scott
 
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wrote in message
ups.com...
I didn't take the time to read all articles of this
agreement. You
should have it checked out by a construction lawyer. It
most probably
will cost you to have it done. Suggestion: have the
construction work
done as an open bid competative project. Get at least 5 to
10 bids.
That way you have your GC's working to give you the most
reasonable
price possible as well as giving you control of the
workmanship.
Examine their quotes. Get references. BBB check. And have
them give
you project references that you can physically check
yourself. This is
a trick I figured out myself. Put a prize and penalty
clause in the
contract: the GC is to get a 1% increase of the total bid
quote for
finishing for each week prior to established date of
completion. And
that the GC will forfeit 1% of the total bid quote for each
week of
delay beyond the established date of completion. Make sure
there is
also a clause stating that the GC has not declared
bankruptcy within
the last 3 yrs. And that neither has any member of his
family done so
as officer of his or any other similar businessed company.
See to it
that his company has not changed hands under similar
circumstances. In
12 yrs of international construction contracting (about one
every 3
weeks), I had only one GC that didn't meet his deadline.


the mind boggles. please. You can do better. Few in
the construction business on projects over a million dollars
ever see one one come in on the original schedule...and the 1%
per week clause... gimme a break. you think one size fits
all? not hardly.

I dont appreciate being lied to.


Phil Scott