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Build Agreement – What Is It & Why Is It Important?

Build Agreement – What Is It & Why Is It Important?

A well-crafted plan is the foundation for any successful project. Our simple and proven remodeling process can be explained in 3 steps – concept, design, and build. In previous blog posts, we have discussed what each step entails so there is no confusion on the entire home remodeling process. If you would like to learn more about concept, click here. If you would like to learn more about design, click here. Then we will discuss the final step, build, below.

What is a Build Agreement?

A build agreement with a design-build firm is a legal document that outlines the terms and conditions of the construction project. In a design-build project, the same firm is responsible for both the design and construction phases of the project, and the build agreement governs the relationship between the owner and the design-build firm.

The build agreement typically covers a wide range of topics, such as the scope of the work, the payment structure, the schedule, and the responsibilities of both parties. It may also include provisions for dispute resolution, change orders, warranties, and other important aspects of the project.

The build agreement is an important document because it sets the expectations and obligations of both parties and helps to ensure that the project is completed on time, within budget, and to the desired quality standards. It is typically negotiated and signed before the start of the construction phase and is legally binding once executed.

What is Nicholas Design Build’s Build Agreement?

After you have a detailed project plan, we will move into the BUILD phase with a Build Agreement. Our proven team of construction craftsmen will communicate daily to ensure you know the project is progressing as it should, getting done right, and your family is safe whether something arises during construction or after; NDB is committed to your satisfaction.

This peace of mind has become known as the NDB Difference.

With a firm lump sum build agreement, you have the clarity & confidence that comes with a payment schedule that details when and how much each payment will be.

    Why You’ll Love NDB Durning the BUILD:

    We’ve all heard horror stories. During the Build Phase, you’ll appreciate the clear communication, safety precautions taken for your family and our team of caring, trustworthy craftsmen with your best interest at the forefront of their minds daily.

    We Value & Deliver:

    • Clear Communication
    • Uncompromised Quality
    • Clean & Safe Jobsites
    • Realistic Project Schedules
    • Positive Problem Solving

    Why is a Build Agreement Important?

    A build agreement is essential for a design build firm because it establishes the legal relationship between the firm and its clients. It is a legally binding contract that outlines the terms and conditions of the project and helps to ensure that all parties are on the same page.

    Some reasons why a build agreement is important for a design build firm include:

    1. Clarity: A build agreement provides clarity on the scope of work, timeline, and budget for the project. This helps to avoid any misunderstandings or disagreements between the firm and its clients.
    2. Protection: A build agreement protects both the firm and the client from any potential legal disputes that may arise during or after the project. It outlines the responsibilities of both parties, which can help to prevent any misunderstandings or accusations of breach of contract.
    3. Liability: A build agreement can help to limit the liability of the design build firm in the event of accidents or damages that occur during the construction process. It can also specify the types of insurance coverage that the firm is required to carry.
    4. Professionalism: A build agreement demonstrates the professionalism of the design build firm and shows that it takes its work seriously. It can also help to build trust with clients, as they will see that the firm is committed to delivering high-quality work.

    How Much Does the Build Agreement Cost?

    The build agreement is usually 5-6% of the final cost. This goes towards the project directly.

    Final Thoughts

    With a detailed project plan, your proven team of construction craftsmen will communicate with you daily to ensure you know the project is progressing as it should, getting done right, and your family is safe whether something arises during construction or after, Nicholas Design Build is committed to your satisfaction.

    This is known as the NDB difference. With a firm lump sum build agreement, you have the clarity and confidence that comes with a payment schedule that details when and how much each payment will be.

    Click here to read more about OUR PROCESS.

    Nicholas Design Build has a simple and proven remodeling process. Our entire design-build process takes place under one roof, providing a straightforward and exciting experience working with one expert team from start to finish. Whether you are planning a kitchen, bathroom, or basement remodel, or even adding an outdoor living addition to your home, contact our experts! Using high end 3-D technology, we open your eyes to stunning possibilities, meeting your family’s lifestyle needs.