What documents related to contractors are required during the construction of a Basecamp Fitness studio?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Promptly after you have obtained possession of the site for your Basecamp Studio, you will: (i) retain the services of a licensed and qualified architect and/or design professional(s) to create the Construction Documents, and to complete construction of your Basecamp Studio in accordance with such Construction Documents; (ii) retain the services of a general contractor; (iii) have prepared and submitted for our approval a site survey and basic architectural plans and specifications consistent with our Mandatory Specifications; (iv) purchase or lease, and then, in the construction of your Basecamp Studio, use only the building materials, equipment, fixtures, furniture and signs we have approved; (v) complete the construction and/or remodeling, equipment, fixtures, furniture and signage lease in decorating your Basecamp Studio in full and strict compliance with the plans and specifications we approve, and with all applicable ordinances, building codes and permit requirements without any alterations; (vi) obtain all customary contractors' sworn statements and partial and final waivers; and (vii) obtain all necessary permits, licenses and architectural seals and comply with applicable legal requirements relating to the building, signs, equipment and premises, including, but not limited to, the Americans With Disabilities Act.
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, franchisees must obtain several documents related to contractors during the construction of their studio. Specifically, the franchisee is required to obtain all customary contractors' sworn statements and partial and final waivers.
In practical terms, this means that a Basecamp Fitness franchisee needs to ensure they collect the appropriate legal documentation from their general contractor throughout the construction process. These documents protect the franchisee from potential legal claims or liens against the property if the contractor fails to pay their subcontractors or suppliers.
It is important for prospective Basecamp Fitness franchisees to understand and budget for the administrative tasks associated with collecting and managing these documents. Failure to obtain these documents could result in significant financial and legal liabilities down the road. Franchisees should consult with legal counsel to ensure they fully understand their obligations and are compliant with all applicable laws and regulations.