Business Assistant/Business Assistant.iso/legal/gde757_1/lharc1.exe/2680.BLD

Text File | 1993-01-06 | 5.0 KB | 252 lines

#2680
@001 Enter the name of the OWNER:
@002 Enter the name of the CONTRACTOR:
@100 Enter the description of the work to be performed:
@101 Enter estimated completion schedule:
!102 Enter the contract price:
#2681 Do you want to specify materials to be used?
#if#2681
@300 Specify areas specified:
@301 Enter specifications:
#endif
#2682 Will the contractor pay for permits?
#2683 Will contractor be required to name subcontractors?
#2684 Will contract be required to provide proof of insurance?
#if#2684
!103 Enter insurance limits required (in numerals):
#endif
#2685/#2686/#2687
1/3 Rough in;1/3 inspection;1/6;1/6
Weekly draw on per centage of completion
Joint checks on materials; 1/3;1/3- 1/6,1/6 on labor
#2688 Is contractor required to remove trash?
#2689 Is mechanic's lien clause desired?
#2690 Is arbitration clause for disputes desired?
#2691 Is definition for termination required?
#2692 Is attorney's fee clause desired?
#2693
#end control section
#2680
/* Para. 2680: Contract for remodeling, large */


                      CONTRACTING AGREEMENT



@001, referred to as OWNER, and @002, referred to as CONTRACTOR,
agree as follows:



CONTRACTOR shall perform the following services for OWNER:


@100


on the following estimated schedule:



@101



for the following price: $ @102 (!102 dollars)



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


#2681
/* Para 2681: Spec of materials */


The materials used for the following areas:


@300


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


@301



#2682
/* Para 2682: Permits */


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


#2683
/* Para.2683: Subs */


CONTRACTOR shall at least 7 days prior to commencement of work
provide the names and addresses of all sub-contractors intended
to be utilized in the construction. At the time of each payment
of any portion of the contract price, the CONTRACTOR shall
provide a lien waiver or certificate of payment for all work
performed by each sub-contractor.


#2684
/* Para 2684: Insurance*/


Provision of worker's compensation insurance, general liability
insurance in a minimum amount of $ @103 (!103 dollars).


#2685
/* Para. 2685: Draw sked */


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.



#2686
/* Para. 2686: Weekly draw based 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.



#2687
/* Para. 2687: Bills for materials */


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.


#2688
/* Para. 2688: Removal of trash */


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



#2689
/* Para. 2689: Ack lien */


The owner acknowledges an express mechanic's lien on the above
described real estate to secure the payment of the amounts
contracted herein.


#2690
/* Para. 2690: Arb */


Any disputes arising out of or related to this agreement shall be
arbitrated under the rules of the American Arbitration Association
before a single arbiter.


#2691
/* Para. 2691: Termination */


This agreement may be terminated by OWNER upon substantial
abandonment of the project, defined as at least 3 business days
without substantial activity, except delays caused by:


a) bona fide weather disturbances;

b) strikes;

c) shortages of material;

d) sub contractor delays not caused by the general contractor;

e) governmental delays except those caused by the fault of
contractor or subcontractor;


or,


persistent failure of workmanship to meet high quality standards
for which adequate assurance of correction is not provided.


#2692
/* #2692: Attorney's fee clause*/


In any disputes related to this agreement, the adjudication body
may assess reasonable counsel fees to the prevailing party.


#2693
/* Para. 2693--- closer */


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






Dated: _________________________








____________________________________________________

@001







____________________________________________________

@002