THIS AGREEMENT made this _____day of__________, 19____, 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 subscontractors 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
