Why is There no Such Thing as a Standard Construction Contract [VIDEO]

People come to me and they say, “Alex, I want you to prepare one contract for me so that I don’t have to keep coming ba…

People come to me and they say,

“Alex, I want you to prepare one contract for me so that I don’t have to keep coming back every time I have a contract.”

The problem with this is that unfortunately there is no standard contract for every situation. Every situation is unique. A $50,000 contract is different that a $500,000 contract, residential is different than commercial; and the bargaining positions of each party are very different.

While there is no standard contract, you can standardize the process. If you do service work, put together a contract that applies to all of the service work you do. To the extent you do small commercial or large residential, have a form that is the base contract that you will present to your customer to start the process. That at least will simplify the negotiation and if you can get the other side to negotiate from your form rather than you negotiating against their form, that will save you not only time or money in attorney’s fees, but also give you a leg up in the process because many of the provisions that are in your contract that help you will hopefully stay in during the course of the negotiations.

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