#2671 @001 Enter the name of the OWNER: @002 Enter the name of the CONTRACTOR: @100 Enter the description of the work to be performed: @101 Enter estimated completion schedule: !102 Enter the contract price: #2672 Do you want to specify materials to be used? #if#2672 @300 Specify areas specified: @301 Enter specifications: #endif #2673 Will the contractor pay for permits? #2674 Will contract be required to provide proof of insurance? #if#2674 !103 Enter insurance limits required (in numerals): #endif #2675/#2676/#2677 Draws will be based on: 1/3 Rough in;1/3 inspection;1/6;1/6 Weekly draw on per centage of completion Joint checks on materials; 1/3;1/3- 1/6,1/6 on labor #2678 Is contractor required to remove trash? #2679 #end control section #2671 /* Para. 2671: Contract for remodeling, large */ CONTRACTING AGREEMENT @001, referred to as OWNER, and @002, referred to as CONTRACTOR, agree as follows: CONTRACTOR shall perform the following services for OWNER: @100 on the following estimated schedule: @101 for the following price: $ @102 (!102 dollars) Contractor shall be responsible for the following in addition to the workman like performance of the work stated above: #2672 /* Para 2672: Spec of materials */ The materials used for the following areas: @300 shall meet the following respective specifications, or be equivalent to the following manufacturer's product lines described: @301 #2673 /* Para 2673: Permits */ Provision of all permits required for the services to be performed above. #2674 /* Para 2674: Insurance*/ Provision of worker's compensation insurance, general liability insurance in a minimum amount of $ @103 (!103 dollars). #2675 /* Para. 2675: Draw sked */ The stipulated contract price shall be paid as follows: 1/3 on rough in; 1/3 on first inspection and 1/6 on final inspection and 1/6 on final inspection and completion of all appearance/punch list in items. #2676 /* Para. 2676: Weekly draw based on per centage of completion*/ The stipulated contract price shall be paid as follows: A weekly draw based upon per centage of completion, less a retainage of 10% per cent, which shall be paid on final inspection and completion of appearance/punch list items. #2677 /* Para. 2677: Bills for materials */ 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. #2678 /* Para. 2678: Removal of trash */ The CONTRACTOR shall daily remove all trash and debris from the premises. #2679 /* Para. 2679--- closer */ This is the entire agreement between the parties and this agreement may only be altered in writing. Dated: _________________________ ____________________________________________________ @001 ____________________________________________________ @002