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 Nevada, 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. Nevada law requires that these agreements be in writing when the cost of the project exceeds $1,000. Under Nevada Revised Statutes (NRS) Chapter 624, contractors must be licensed to perform work in the state. The agreement must also comply with local building codes and regulations. Mechanic's and materialmen's liens, governed by NRS Chapter 108, provide contractors and suppliers with a legal claim against the property if they are not paid for their services or materials. It is important for both parties to clearly understand and adhere to the terms of the agreement to ensure legal and financial protection during the construction process.