Foundation Lift Agreement

FOUNDATION LIFT AGREEMENT

This Foundation Lift Agreement ("Agreement") is made and entered into on this by and between Client Name: ("Client") and Contractor Name: ("Contractor").

WHEREAS

WHEREAS, Client owns real property located at: (the "Property"); and

WHEREAS, Contractor represents that it is duly experienced and qualified to perform foundation lifting, stabilization and related services and holds all required licenses and insurance to perform the Work described herein; and

WHEREAS, the parties desire to set forth the terms and conditions under which Contractor will perform a foundation lift and related services at the Property.

SCOPE OF WORK

Contractor shall provide all labor, materials, equipment, supervision and services necessary to perform the foundation lift, underpinning, stabilization, and related repairs (collectively, the "Work") at the Property. The Work shall conform to industry standards and any written specifications attached as Exhibit A.

PAYMENT TERMS

Total Contract Price: $

Payments are due within days of invoice. Late payments shall incur a finance charge of percent per month (or maximum permitted by law), computed from the due date until paid.

PERMITS, SITE ACCESS, AND INSPECTIONS

Permits required for the Work shall be obtained by: Contractor Client . If Contractor obtains permits, permit fees are

Client shall provide Contractor reasonable access to the Property, utilities, and a safe workspace. Contractor shall coordinate any required inspections and shall notify Client of inspection results in writing.

MATERIALS, WARRANTY AND PERFORMANCE

Contractor shall supply materials that are new and of good quality unless otherwise specified in writing. Materials provided by Client must be free of defects and delivered on schedule.

Contractor warrants that work performed by Contractor will be free from substantial defects in workmanship for the warranty period stated above. This warranty does not cover damage due to soil settlement unrelated to the performed Work, subsequent modifications, or damage caused by third parties.

INSURANCE, INDEMNIFICATION AND LIENS

Contractor shall maintain commercial general liability insurance and workers' compensation as required by law. Insurance Policy / License No.:

Contractor agrees to indemnify and hold Client harmless from claims, damages, losses and expenses arising out of Contractor's negligent performance of the Work, except to the extent caused by Client's negligence or willful misconduct.

Upon receipt of final payment, Contractor shall deliver unconditional releases or waivers of mechanic's liens for all labor and materials supplied under this Agreement to the extent payment has been made.

CHANGE ORDERS

Any change in the Work that affects the scope, schedule or contract price shall be documented in a written change order signed by both parties. Time and materials work shall be charged at: unless otherwise agreed in writing.

TERM AND TERMINATION

Work Commencement Date: . Anticipated Completion Date:

Either party may terminate this Agreement for material breach if the breaching party fails to cure the breach within days after receipt of written notice. Termination by Client for convenience shall require payment for Work performed, materials procured and reasonable demobilization costs.

CONFIDENTIALITY

Each party shall maintain confidential all non-public information disclosed by the other party in connection with the Work. Confidential information shall not include information that is or becomes public through no fault of the receiving party or that is required to be disclosed by law. Confidential information shall be used solely for performance under this Agreement.

GOVERNING LAW AND DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of the state of without regard to conflict of law principles. Any dispute arising out of this Agreement shall be resolved by binding arbitration or in courts of competent jurisdiction in that state as elected by the non-breaching party.

ENTIRE AGREEMENT

This Agreement, including all exhibits and signed change orders, constitutes the entire agreement between the parties with respect to the Work and supersedes all prior or contemporaneous agreements, representations, and understandings, whether oral or written. No modification shall be effective unless in writing and signed by both parties.

NOTICES

MISCELLANEOUS

Force majeure events, including natural disasters, adverse soil conditions, strikes, shortages, or governmental actions, shall excuse timely performance to the extent rendered impossible. Parties shall promptly notify each other of any such event.

If any provision of this Agreement is held unenforceable, the remainder shall remain in full force and effect.

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