Prime Building Contract (Long form - Comprehensive)
AGREEMENT dated [date] between [name] (Owner), and [name], a corporation with principal place of business at [address] (Contractor).
1. Contractor to Construct Dwelling. Contractor will furnish all material and labour required to construct a [number]-story dwelling on the premises known as [address], owned by Owner. The completed building shall conform to the plans and specifications that are attached to this Agreement.
[Alternative Paragraph]
Proceed With Construction. To proceed immediately with the improvements of the existing buildings on the land as well as other renovations according to the specifications, drawings, and plans of [name] (Architect), dated [date], all to be in accordance with appropriate building laws, ordinances, and restrictions, if any; and to continue the construction without undue delay to completion in accordance with the construction contract therefor.
2. Licenses, Permits, Certifications. Contractor will obtain all licenses, permits, and certifications required for the completion of the work under this Agreement at Contractor's sole cost and expense.
3. Surveys, Electrical Service, Water. Owner shall obtain and pay for all surveys that are needed for the completion of Work under this Agreement. Owner shall pay any additional cost to bring electrical service to the dwelling. These payments by Owner shall be in addition to the price set out in Paragraph 7 of this Agreement. Contractor shall not be responsible for the purity of the water in the dwelling, and this shall be Owner's sole responsibility.
4. Workers' Compensation Insurance. Contractor shall procure and maintain insurance under the Workers' Compensation Law at Contractor's sole cost and expense.
5. Fill, Soil Condition, Site Condition. Contractor shall not be responsible for any fill that may be needed during construction. If any is needed, its cost will be charged to Owner. Contractor is not responsible for conditions brought on by the nature of the building site and the site's grade, including any underground soil condition, which may cause added construction costs. Owner shall pay any added construction costs that are incurred for these reasons, in addition to the price set out in Paragraph 7 of this Agreement.
6. Fuel Oil. Owner shall pay the cost of any fuel oil used during construction, in addition to the price set out in Paragraph 7 of this Agreement.
7. Price. Owner shall pay Contractor for the performance of work and furnishing of materials under this Agreement the sum of .......... dollars ($..........) in the following installments:
a. .......... percent (..........%) on signing of contract;
b. .......... percent (..........%) on completion of
cellar excavation, foundations; sills and exterior
wall studding and bracing installed; roof and floor
beams and bridging top-nailed;
c. .......... percent (..........%) on completion of
all framing and sheathing; cellar floor, finished
floors laid;
d. .......... percent (..........%) on completion of
all weather stripping and caulking; installation of
all linoleum, kitchen cabinets and sinks, tile, and
electrical fixtures; and application of final coat of
paint inside and outside the dwelling; and
e. .......... percent (..........%) on completion of
all other work required by this Agreement and the
plans and specifications attached to this Agreement;
obtaining an Electrical Certificate, Certificate of
Occupancy, guaranteed survey, and conversion of
building loan to a permanent mortgage (if there is to
be one).
8. Additional Work. Any work not required by this Agreement or the attached plans and specifications shall be done only on Owner's written order. Before any such work is begun, Contractor will...
(Excerpt)
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