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4 Common Types of Construction Contracts A construction contract provides a legal binding agreement, for both the owner and the builder, that the executed job will receive the specific amount of compensation or how the compensation will be distributed. There are several types of construction contracts used in the industry, but there are certain types of construction contracts preferred by construction professionals. Create a Free Construction Contract Agreement Legal ... Updated April 2, 2019 Written by Susan Chai, Esq.. Free Construction Contract Agreement. Use our attorney-drafted Contract Agreement to specify the construction, renovations, alterations, or other work to be done between a property owner and a general contractor. Construction contract - Wikipedia A construction contract is a mutual or legally binding agreement between two parties based on policies and conditions recorded in document form. The two parties involved are one or more owners, and one or more contractors.
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