CONSTRUCTION CONTRACT AGREEMENT
This Construction Contract Agreement ("Agreement") is made effective as of [DATE]
Contract #: [CONTRACT NUMBER]
Project Location:
[PROJECT ADDRESS]
BETWEEN:
[CLIENT NAME], located at [CLIENT ADDRESS] ("Owner")
AND
[CONTRACTOR NAME], located at [CONTRACTOR ADDRESS] ("Contractor")
1. SCOPE OF WORK
Contractor agrees to provide the following construction services:
- [Detailed description of work to be performed]
- [Specific materials to be used]
- [Any exclusions or work not included]
2. CONTRACT PRICE AND PAYMENT TERMS
Total Contract Price: $[AMOUNT] ([AMOUNT IN WORDS])
Payment Schedule:
- Deposit: $[AMOUNT] due upon signing
- Progress Payment 1: $[AMOUNT] due [CONDITION]
- Final Payment: $[AMOUNT] due upon completion and approval
3. PROJECT TIMELINE
Commencement Date: [DATE]
Substantial Completion Date: [DATE]
Liquidated Damages: $[AMOUNT] per day for each day beyond completion date
4. CHANGE ORDERS
Any changes to the Scope of Work must be made in writing and signed by both parties. Additional costs will be calculated at Contractor's standard rates.
5. WARRANTIES
Contractor warrants all work will be performed in a workmanlike manner and free from defects for a period of [X] years from completion.
6. INSURANCE AND LIABILITY
Contractor maintains general liability insurance of at least $[AMOUNT] and workers' compensation insurance as required by law.
7. TERMINATION
Either party may terminate this agreement with [X] days written notice. Owner shall pay Contractor for all work completed and materials purchased up to termination date.
OWNER:
Signature: _________________________
Name: [PRINTED NAME]
Date: _______________
CONTRACTOR:
Signature: _________________________
Name: [PRINTED NAME]
Date: _______________
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