A legal document which specifies the what-when-where-how-how much and by whom in a construction project. A good construction contract will include:

1. The contractors registration number.
2. A statement of work quality such as 'Standard Practices of the Trades' or 'According to Manufacturers Specifications'.
3. A set of Blue Prints or Plans.
4. A set of Specifications.
5. Any Allowances.
6. A construction timetable including starting and completion dates.
7. A Fixed Price for the work, or a Time and Materials formula.
8. A Payment Schedule.
9. A written Warranty.
10. A clause which outlines how any disputes will be resolved.

See also: Q&A: Construction Contracts