
05-16-2008, 09:29 AM
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Junior Member
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Join Date: Feb 2008
Posts: 3
Thanks: 2
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Quote:
Originally Posted by upgradeBob
Do I need to sign a contract with a builder who will install my pool? Is that really necessary?
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Yes and yes. Your contract should include the following points:
- The contractor's name, address, and license number.
- The approximate dates when the work will begin and be substantially completed.
- A description of the work, equipment, materials, and contract price.
- A schedule of payments in dollars and cents, directly referenced to the value of completed work.
- A down payment for a swimming pool is two percent or $200, whichever is less.
- A Notice to Owner regarding the state's lien laws.
- A description of what constitutes substantial commencement of work.
- A notice that failure of the contractor, without lawful excuse, to substantially commence work within 20 days from the start date, is a violation of Contractors License Law.
- A notice whether or not the contractor carries commercial general liability insurance and the insurance carrier.
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