The performance of construction work in the U.S. requires obtaining the appropriate construction license in advance.
Parties may choose either state they prefer. The most common options, however, are the following:
– a state where a contractor is based; – a state where a client is based; or – a state where construction works will take place.
Tangible deliverables are physical, measurable items that are produced or completed as a result of the construction work.
They could have various forms, for instance, room addition, roofing, completed wall etc.
Late fees are charges imposed on a party that fails to make a payment by the agreed-upon due date.
They serve as a financial incentive to ensure timely payment and compensate the other party for delays.