Contracting Agreement

Contracting agreement.

Enter the name of the OWNER, referred to as OWNER, and Enter the name of the CONTRACTOR, referred to as CONTRACTOR, agree as follows:

CONTRACTOR shall perform the following services for OWNER:

Enter the description of the work to be performed

on the following estimated schedule:

Enter estimated completion schedule

for the following price: $ Enter the contract price (Enter the contract price dollars)

Contractor shall be responsible for the following in addition to the workman like performance of the work stated above:

The materials used for the following areas:

Specify areas specified

shall meet the following respective specifications, or be equivalent to the following manufacturer's product lines described:

Enter specifications

Provision of all permits required for the services to be performed above.

Provision of worker's compensation insurance, general liability insurance in a minimum amount of $ Enter insurance limits required (in numerals) (Enter insurance limits required (in numerals) dollars).

Include the following if draws will be based on: 1/3 Rough in;1/3 inspection;1/6;1/6

The stipulated contract price shall be paid as follows:

1/3 on rough in; 1/3 on first inspection and 1/6 on final inspection and 1/6 on final inspection and completion of all appearance/punch list in items.

Include the following if draws will be based on: Weekly draw on per centage of completion

The stipulated contract price shall be paid as follows:

A weekly draw based upon per centage of completion, less a retainage of 10% per cent, which shall be paid on final inspection and completion of appearance/punch list items.

Include the following if draws will be based on: Joint checks on materials; 1/3;1/3- 1/6,1/6 on labor

The stipulated contract price shall be paid as follows:

When bona fide bills for materials are presented the same shall be paid directly by the OWNER within the terms provided. Labor shall be paid as follows:

1/3 on rough in; 1/3 on inspection; 1/6 on completion; 1/6 on final inspection and completion of appearance/punch list items.

The CONTRACTOR shall daily remove all trash and debris from the premises.

This is the entire agreement between the parties and this agreement may only be altered in writing.

Dated: _________________________

____________________________________________________

Enter the name of the OWNER

____________________________________________________

Enter the name of the CONTRACTOR

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