Business Restoration Form

BUSINESS RESTORATION FORM

WHEREAS, Business Name: is an entity conducting commercial operations at Address: ;

WHEREAS, Owner / Authorized Representative: and Contractor / Restoration Company: intend to memorialize the terms governing restoration, remediation, and repairs described below;

WHEREAS, Contractor represents that it is duly licensed and has the necessary experience, personnel, equipment and insurance to perform restoration work in accordance with industry standards and applicable laws and regulations.

Project Information

Scope of Work

The Contractor shall perform restoration services including, but not limited to, emergency mitigation, water extraction, structural drying, mold remediation, debris removal, reconstruction, repair of building systems, and related services as described in the project scope below. Contractor shall perform all work in a good and workmanlike manner, in compliance with applicable codes, permits and recognized industry standards.

Payment Terms

Total Contract Amount: $    Deposit (due upon execution): $

Late Payment Fee: % per month on overdue amounts calculated from the invoice due date. Contractor reserves the right to suspend work for nonpayment following written notice of at least days.

Change Orders: All changes to the Scope of Work shall be documented in a written change order signed by both parties. Change orders may affect price and schedule. Contractor may invoice for approved change orders in addition to the Total Contract Amount.

Term and Termination

Commencement of Work: Estimated Start Date: . Estimated Completion Date: .

Termination: Either party may terminate this Agreement for convenience by providing written notice to the other party at least days prior to the intended termination date. Termination for cause may be effected immediately where the defaulting party fails to cure a material breach within days following written notice specifying the breach. Upon termination, Contractor shall be entitled to payment for all work performed, materials procured and reasonable demobilization costs through the effective date of termination.

Confidentiality

Each party shall maintain in confidence all non-public, proprietary or business-sensitive information disclosed in connection with this Agreement and shall not disclose such information to third parties except as required by law or as necessary to perform obligations under this Agreement. Materials produced specifically for the Owner under this Agreement shall be the Owner's property upon full payment, except that Contractor may retain copies for its records and for compliance with insurance or regulatory requirements.

I acknowledge and agree to the confidentiality obligations set forth above.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the jurisdiction: , without regard to conflict of law principles. Any litigation or arbitration arising out of this Agreement shall be brought in the courts or forums located within that jurisdiction, unless the parties mutually agree otherwise in writing.

Entire Agreement

This document, together with any written change orders signed by the parties, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations, representations and agreements, whether written or oral. No modification or waiver of any provision of this Agreement shall be effective unless in writing and signed by both parties.

Representations, Warranties and Certifications

Contractor represents and warrants that it will perform the services in a competent and professional manner and that all labor and materials provided under this Agreement shall conform to the specifications set forth herein for a period of months from final completion, subject to normal wear and tear. Owner represents that it has authority to contract for the work at the project site.

Liens and Claims: Contractor shall not file a mechanic's lien against the business premises prior to giving Owner notice of intent to file and a reasonable opportunity to cure any disputed payment claim. Contractor shall promptly notify Owner of any third-party claims affecting the work.

Acknowledgement

By signing below, Owner and Contractor each certify that they have read and understand this Agreement, have authority to enter into it, and agree to be bound by its terms.

Sign Now