The building contract has been doing laps in my head for over a week now and still it makes me nervous. It’s not just the massive dollar figure that makes me feel a bit sick in the stomach, it’s the feeling of responsibility to get everything right. My signature on there will mean that I’ve checked everything and found it to be correct. It’s a good thing there is generous time allowed for signing before the fixed price expires.
For those who haven’t done this before, along with the standard building industry contract comes an addendum (all the details of what is included in the building price), a list of variations to the contract, updated floor plans, elevation drawings, site plans, electrical plans and carpentry plans. Altogether there are 43 pages of text and 13 pages of plans, with cross references all over the place.
Up to this point, we’ve made many small changes to the standard house plan and we are probably up to version 5 or 6, but with so many changes, human error does sneak in. With the luxury of time, I hope to:
- Understand everything that I sign.
- Minimise the little errors.
- Feel like the builders and I are “on the same page”, so to speak.