A general contractor agreement is, as the name implies, generally an agreement between the owner of real estate and a building contractor for services to manage the construction (and sometimes the design) of a residential or commercial building according to certain specifications or plans provided by the owner.
A general contractor agreement includes a description of the scope of the work to be performed; the materials to be used; the general contractor’s obligations to hire and manage subcontractors to construct the various components of the building; the payment terms for the construction of the building and the management of the construction; the time for completion of the work; insurance requirements; and the filing and removal of mechanic’s and materialmen’s liens (also known as construction liens or contractor liens) for labor and materials provided to improve the real estate.
In Florida, a general contractor agreement is a legally binding contract that outlines the relationship and obligations between a property owner and a general contractor who is hired to manage and execute the construction of a building. This agreement typically includes detailed provisions regarding the scope of work, materials to be used, the hiring and management of subcontractors, payment schedules, timelines for completion, insurance requirements, and the handling of construction liens. Florida law requires that certain disclosures be made in the contract, such as the contractor's licensing information. Additionally, Florida's Construction Lien Law (Chapter 713, Florida Statutes) governs the filing and enforcement of construction liens, which are used to ensure payment for services and materials provided. It is important for both parties to understand their rights and obligations under this law, as it sets forth specific procedures and timeframes for asserting a lien. An attorney can provide valuable assistance in drafting a general contractor agreement that complies with Florida law and adequately protects the interests of both the property owner and the contractor.