(This agreement can be used for a contracting job under $20,000.)
CONTRACTING AGREEMENT
[Name] and [Name], referred to as OWNER, and [Name], Inc., referred to as CONTRACTOR, agree as follows:
CONTRACTOR shall perform the following services for OWNER:
on the following estimated schedule:
for the following price: $------- (dollars) Contractor shall be responsible for the following in addition to the workman like performance of the work stated above:
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 $------ (dollars).
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...
(Excerpt)
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