HomeContractor GuidesContractor Contract Checklist

Homeowner Guide

Contractor Contract Checklist: 25 Must-Have Clauses

A good contract protects both parties. Use this checklist to ensure your agreement covers everything before signing.

Updated March 2026|10 min read
By the BuildFolio Team Updated: March 1, 2026 Expert-reviewed

Quick Answer

Your contract must include: detailed scope, total price, payment schedule tied to milestones, timeline, materials list, change order process, warranties, permit responsibilities, and dispute resolution. Never sign a vague contract.

Basic Information

1. Full legal names and addresses

Both parties: homeowner and contractor’s legal business name, addresses, phone numbers, license number.

2. Project address

Where the work will be performed (if different from homeowner address).

3. Contract date

When the agreement is signed by both parties.

Scope of Work

4. Detailed description of work

Specific tasks, not vague descriptions. “Kitchen remodel” is too vague. List every element: cabinets, counters, flooring, electrical, plumbing, etc.

5. What’s NOT included

Explicitly state exclusions to prevent misunderstandings.

6. Plans and specifications

Reference attached drawings, specs, or allowances as part of the contract.

Materials

7. Material specifications

Brand names, model numbers, colors, quantities. “Granite countertops” is vague; “Level 3 Cambria Quartz, Brittanicca” is specific.

8. Material substitution process

What happens if specified materials are unavailable? Require written approval for substitutions.

9. Allowances

If using allowances (budget for selections made later), specify amounts and what happens if you exceed them.

Timeline

10. Start date

When work will begin. “As soon as possible” is not acceptable.

11. Completion date

When work will be substantially complete. Include “time is of the essence” language if schedule matters.

12. Milestone schedule

Key dates for major phases. Ties to payment schedule.

13. Delay provisions

What happens if delays occur? Distinguish between contractor delays and excusable delays (weather, permits).

Payment Terms

14. Total contract price

Fixed price or cost-plus? If cost-plus, what’s the markup percentage?

15. Payment schedule

Tied to milestones, not dates. Example: 10% deposit, 25% at rough-in, 25% at drywall, 25% at finish, 15% at final.

16. Final payment terms

What must happen before final payment? Punch list completion, final inspection, lien waivers.

Protect Your Final Payment

Hold 10-15% until you’re 100% satisfied and all punch list items are complete. This is your leverage to ensure quality work.

Change Orders

17. Change order process

All changes must be in writing, signed by both parties, with pricing, before work proceeds.

18. Markup for changes

What percentage markup applies to change order work?

Warranties & Protection

19. Workmanship warranty

How long does the contractor warranty their work? 1-2 years is standard.

20. Material warranties

Manufacturer warranties should transfer to homeowner.

21. Insurance requirements

Contractor maintains general liability and workers’ comp throughout project.

22. Permit responsibility

Contractor pulls and pays for all required permits.

Dispute Resolution

23. Dispute resolution process

Mediation before arbitration or litigation. Saves both parties time and money.

24. Cancellation terms

Right to cancel within 3 days (required by law in most states for home solicitation).

25. Termination clause

How either party can terminate the contract and what happens to payments.

Never Sign a Vague Contract

If the scope says “kitchen remodel” without specifics, you’re asking for disputes. Take time to add detail. A few hours now prevents months of problems later.

Planning a Home Project?

Use our free calculators to estimate costs and understand fair pricing.

View Calculators

Free for Homeowners

Get instant cost estimates with satellite measurements before hiring a contractor.

Get Free Property Report