Hardwood Business Proposal Template

HARDWOOD BUSINESS PROPOSAL

Proposal Information

Recitals

WHEREAS, Client Name: (the "Client") desires the supply, installation and finishing of hardwood flooring at the Project Address identified above; and

WHEREAS, Contractor Name: (the "Contractor") represents that it possesses the skill, equipment and insurance to perform such work in accordance with industry standards and applicable laws; and

NOW, THEREFORE, in consideration of the mutual covenants set forth herein, the parties agree as follows.

Scope of Work

Cost Breakdown

Total Contract Price: $

Payment Terms

Payment structure: Client shall pay a deposit of of the Total Contract Price upon acceptance, with the balance due as follows:

Late payment: Any unpaid amount shall accrue interest at a rate of , compounded monthly, and Client shall be responsible for collection costs, including reasonable attorneys' fees.

Term and Termination

Term: This Agreement shall commence on the Start Date of and shall expire on the Completion Date of , unless earlier terminated in accordance with this section.

Either party may terminate this Agreement for material breach by the other party if the breaching party fails to cure the breach within days after written notice. In addition, either party may terminate for convenience upon days' prior written notice to the other party; Client shall pay Contractor for all work performed and materials ordered through the effective date of termination, plus reasonable demobilization costs.

Confidentiality

Each party acknowledges that during performance it may receive confidential or proprietary information of the other party. Each party agrees to (i) hold such information in strict confidence, (ii) use the information solely for purposes of performing this Agreement, and (iii) not disclose such information to any third party except to its employees, agents or subcontractors who need to know and who are bound by confidentiality obligations no less protective than those herein. Confidential information shall not include information that is or becomes publicly known through no wrongful act of the receiving party, is rightfully received from a third party without restriction, or is independently developed.

Insurance, Warranty and Indemnity

Contractor shall maintain at its expense commercial general liability and workers' compensation insurance in amounts customary for the trade and shall provide certificates of insurance upon reasonable request. Contractor warrants its workmanship for a period of from the date of completion, excluding normal wear and exterior factors. To the extent permitted by law, Contractor shall indemnify and hold Client harmless from claims arising out of Contractor's negligence in performance of the work.

Change Orders

Any change to the scope, materials, or schedule shall be authorized in writing by a signed change order specifying the change in work, adjustment to contract price, and any adjustment to the schedule. No changes are effective without a written change order signed by both parties.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to its conflicts of law principles. The parties agree that disputes will be resolved in the state or federal courts located in that State.

Entire Agreement

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

Acceptance

By signing below, the Client accepts this Proposal and authorizes the Contractor to proceed in accordance with the terms and conditions set forth herein. Acceptance must be received by . This Proposal is valid for days from the Proposal Date.

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