A construction contract is an agreement between a client and a contractor that defines the details of a construction project. The details of a construction contract should include all aspects of the project, including payment, the nature of the work performed, the contractor`s legal rights and more. 2. The contracting authorities hereby undertake to begin construction within fifteen days of the execution of these gifts and to construct the …………. months from the date of execution of these gifts in accordance with the plans duly approved and approved by the Municipality Corporation. and the specifications and conditions set out in Appendix A. Benjamin Franklin said so famously, “Time is money.” Whichever page you are on, reduce the construction time by having a clear plan with this document. 7. . . .