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Sub Contract Agreement

This subcontract Agreement is entered into this day of _________, 20 __ , in the City of _________, State of ___.

Subcontractor, ________ hereinafter called "Subcontractor" agrees to provide the following described labor, materials and construction in accordance with plans and specifications as may be referred to herein by reference, upon the following described property:

Owner Name:

Owner Address:

Lender Name:

Lender Address:

LEGAL AND COMMON DESCRIPTION OF SITE:

Prime Contractor, ______________ , hereinafter called the "Contractor," agrees to pay to the Subcontractor for the satisfactory performance of the Subcontractor's work the sum of __ dollars ($------) in accordance with the following terms and conditions:

DESCRIPTION OF WORK (Describe Labor, Materials And Equipment To Be Furnished):

SCOPE OF WORK: All work necessary or incidental to complete work for the project in strict accordance with this subcontract and all terms and conditions hereof and as more particularly specified as (in): _____.

With the following additions or deletions:

OTHER SPECIAL PROVISIONS:

SCHEDULE OF PAYMENT(S):

Contractor's obligation to pay Subcontractor when payments are due is independent of Contractor receiving payment from owner.

TIME AND SCHEDULING WORK: Subcontractor shall not deliver any materials to the job site or commence work until notified to do so by Contractor. Subcontractor shall commence work within ___________ days after written notice from Contractor. After Subcontractor commences work, he will then complete the work within approximately ____ working days thereafter, subject to excusable delays. Working days are defined as Monday through Friday, inclusive, holidays excluded. Scheduling of work, as provided for in this subcontract, is based on acceptable industry standards. The subcontract provision for price and time included herein shall be void at the option of the subcontractor, if subcontractor is not called upon to commence work within six (6) months from the date of the signing of this contract. Should this situation arise, subcontractor is relieved of...

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