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Prime Building Contract
(General Contract)

THIS AGREEMENT IS BETWEEN:

Contractor's Name:

Contractor's License Number:

Contractor's Address:

Contractor's Telephone/Email/Fax:

A N D

Owner Name:

Owner Address:

Owner Telephone/Fax:

RE PROJECT:

CONSTRUCTION LENDER: Name and address of construction fund holder is:

DESCRIPTION OF PROJECT (according to the plans and specifications, including materials and equipment to be used or installed):

Contractor will furnish all labor, materials and equipment to construct in a good workmanlike manner:

WORK TO BE PERFORMED AT:

TIME FOR COMPLETION: The work to be performed by Contractor pursuant to this Agreement shall be substantially completed within __________ ( ) days or approximately on (Date): _________.

PAYMENT: This is a cash transaction. Owner agrees to pay Contractor a total cash price of $ ______.

DOWN PAYMENT (if any) $ ______.

PAYMENT SCHEDULE as follows:

INTEREST: Overdue payments will bear interest at the rate of _______ % per month.

OTHER TERMS AND CONDITIONS (specify other terms and conditions):

(Excerpt)

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