The contract should include:
- information about the contractor
- a detailed work description
- a list of materials required
- an estimate of the total cost
- a work schedule
- the completion date
- details about initial deposits required
- progress payment requirements
It's important to know The Builders Liens Act allows you to hold back 7.5 per cent of the total cost of the work, services and materials for 40 days after the contractor has finished the job. This can help protect you from liens on your property by suppliers, labourers or subcontractors if the contractor fails to pay them.
For more information about dealing with home improvement contractors, visit:
- //www.gov.mb.ca/cca/cpo/home_improvements.html
- //www.gov.mb.ca/cca/cpo/consumerrights.html
- What you need to know when building a new home //www.gov.mb.ca/cca/cpo/building_new_home.html