In the context of construction, a warranty is a guarantee provided by the contractor to the owner that the work performed will meet certain standards and specifications. This warranty typically covers defects in materials and workmanship for a specified period of time, ensuring that the construction project will be free from defects and functional as intended. The terms of the warranty are outlined in the construction contract and usually include provisions for repairs or replacements of any faulty work.Warranties in construction projects serve as a form of protection for the owner, providing reassurance that the contractor stands behind their work and will rectify any issues that arise within the warranty period. This can give the owner peace of mind knowing that any defects or problems that arise post-construction will be addressed at no additional cost
What is Warranty?
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