|
THIS
AGREEMENT is made on this _____day of__________, 20____, by and between
________________, hereinafter called the Contractor, and ___________________
hereinafter called the Owner.
WITNESSETH, that the Contractor and the Owner for the consideration named
agree as follows:
ARTICLE 1. SCOPE OF THE WORK
The
Contractor shall furnish all the materials and perform all of the work shown
on the drawings and/or described in the specifications entitled Exhibit A, as
annexed hereto as it pertains to work to be performed on property located at:
ARTICLE 2. TIME OF COMPLETION
The
work to be performed under this Contract shall be commenced on or
before____________, 19____, and shall be substantially completed on or
before_____________, 19____. time is of the essence.
ARTICLE 3. THE CONTRACT PRICE
The
owner shall pay the Contractor for the material and labor to be performed
under the Contract the sum of ___________________ Dollars ($ ), subject to
additions and deductions pursuant to authorized change orders.
ARTICLE 4. PROGRESS PAYMENTS
Payments of the Contract price shall be paid in the manner following:
………………….
………………….
ARTICLE 5. GENERAL PROVISIONS
1. All
work shall be completed in a workmanship like manner and in compliance with
all building codes and other applicable laws.
2. To
the extent required by law all work shall be performed by individuals duly
licensed and authorized by law to perform said work.
3.
Contractor may at its discretion engage subcontractors to perform work
hereunder, provided Contractor shall fully pay said subcontractor and in all
instances remain responsible for the proper completion of this Contract.
4.
Contractor shall furnish Owner appropriate releases or waivers of lien for all
work performed or materials provided at the time the next periodic payment
shall be due.
5. All
change orders shall be in writing and signed by both Owner and Contractor.
6.
Contractor warrants it is adequately insured for injury to its employees and
others incurring loss or injury as a result of the acts of Contractor or its
employees and subcontractors.
7.
Contractor shall at its own expense obtain all permits necessary for the work
to be performed.
8.
Contractor agrees to remove all debris and leave the premises in broom clean
condition.
9. In
the event Owner shall fail to pay any periodic or installment payment due
hereunder, Contractor may cease work without breach pending payment or
resolution of any dispute.
10.
All disputes hereunder shall be resolved by binding arbitration in accordance
with the rules of the American Arbitration Association.
11.
Contractor shall not be liable for any delay due to circumstances beyond its
control including strikes, casualty or general unavailability of materials.
12. Contractor warrants all work for a period of _______ months following
completion.
ARTICLE 6. OTHER TERMS
……………
…………….
Signed
this____day of__________, 19____.
Signed
in the presence of: ______________________________
By:______________________________
Witness Contractor
By:______________________________
Witness Owner |