When should the contract between the building owner and the restoration contractor be signed?

The contract between the building owner and the restoration contractor should be signed before work begins. This is crucial to ensure that both parties have a clear understanding of the scope of work, responsibilities, payment terms, and any other conditions related to the restoration project. Signing the contract beforehand establishes a formal agreement that protects the rights and interests of both the contractor and the owner, setting expectations for the work to be performed.

Having a signed contract in place before starting the restoration work helps prevent misunderstandings or disputes later on, as it serves as a reference point for the agreed-upon services and costs. It also helps in ensuring compliance with any local regulations or insurance requirements that may apply to restoration projects, reinforcing the professionalism of the contractor and instilling confidence in the owner regarding the management of the restoration process.