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 Hawaii, 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 residential or commercial building. The agreement typically includes detailed provisions regarding the scope of work, materials to be used, the contractor's responsibilities in hiring and overseeing subcontractors, payment schedules, completion timelines, insurance requirements, and the handling of mechanic's and materialmen's liens. These liens are a legal claim against the property for unpaid labor or materials. Hawaii state statutes govern the creation and enforcement of these agreements and liens, ensuring that they comply with state laws, including the requirements for contractor licensing, building codes, and lien laws. It is advisable for parties entering into such agreements to consult with an attorney to ensure that the contract is legally sound and that their rights are protected under Hawaii law.