The Importance of the Construction Contract
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Categories: Contract, Management & Professional Practice
According to Cambridge Dictionary, Contract is a legal document that states and explains a formal agreement between two different people or groups, or the agreement itself. Such contracts also apply in the construction industry and how it works especially on contractor.
All construction industry projects are based on contracts and this is important to the contractors, clients, engineers, architects and other related parties to create a balanced, legal and clear understanding during the construction of projects.