Home Renovation Whole House Proposal

Home Renovation Whole House Proposal

Parties

Recitals

WHEREAS, Contractor is engaged in the business of providing residential renovation, remodeling and construction services and holds the necessary licenses, experience and insurance to perform whole-house renovation work; and

WHEREAS, Client desires to retain Contractor to perform a whole-house renovation at the property identified above in accordance with the terms and conditions set forth in this Proposal and subsequent Agreement; and

WHEREAS, the parties wish to set forth the scope, schedule, compensation and contractual protections for the Project.

Scope of Work

Contractor shall perform the work described below at the Client property. The Scope of Work identifies tasks to be completed, materials to be provided and performance standards. Contractor will perform work in a professional manner consistent with industry standards.

Project Schedule

Anticipated Commencement Date:     Anticipated Substantial Completion Date:

Contractor will use commercially reasonable efforts to meet the schedule, but Client acknowledges that changes, permit delays, material lead times and weather can affect timing. Contractor will provide weekly schedule updates.

Payment Terms

Total Contract Price:

Final Payment: Final payment is due upon substantial completion, after punchlist items are identified. Contractor will not release liens until payment has been received in full.

Late Fee Percentage: % per month on overdue balances

Alternative Late Fee (if applicable): flat fee after days past due

Change Orders

Any changes to the Scope of Work shall be documented in a written change order signed by both parties. Change orders shall describe the change, the adjustment to price and the adjustment to schedule. Client acknowledges that certain changes may increase the contract price and extend the schedule.

Client acknowledges that no work beyond the written Scope of Work will proceed without a signed change order affecting price and schedule.

Permits, Inspections and Site Conditions

Contractor will obtain and pay for required permits unless otherwise agreed. Client shall be responsible for providing access to the property and for disclosing known site conditions that materially affect performance. Additional costs arising from concealed conditions are subject to change order.

Warranties, Insurance and Indemnity

Contractor warrants that labor performed will be free from defects for a period of from substantial completion, subject to manufacturer's warranties for materials. Contractor will maintain general liability insurance and worker's compensation as required by law. Client shall indemnify Contractor for claims arising from Client-provided materials or site conditions not disclosed in writing.

Term and Termination

This Proposal, when executed by both parties, becomes the binding Agreement effective as of the date signed below. Either party may terminate for material breach if the other party fails to cure within days following written notice. Contractor may suspend work for nonpayment after providing days' notice.

Upon termination for convenience by Client, Client shall pay Contractor for all work performed, materials purchased, demobilization and reasonable overhead and profit to date.

Confidentiality

Each party agrees to keep confidential all proprietary drawings, pricing, trade secrets and other non-public information disclosed in connection with this Proposal. Confidential information does not include information that: (a) is or becomes publicly available other than by breach of this Agreement; (b) was lawfully in the receiving party's possession prior to disclosure; or (c) is required to be disclosed by law, provided the disclosing party is given prompt notice to seek protective relief.

Dispute Resolution and Governing Law

The parties shall attempt in good faith to resolve disputes through mediation. If unresolved, disputes shall be governed by the laws of the state of without regard to conflict of law principles. Remedies include specific performance and money damages as applicable.

Entire Agreement; Severability; Survival

This Proposal, together with any written change orders executed by the parties, constitutes the entire agreement between Contractor and Client with respect to the Project and supersedes prior negotiations, representations and proposals. If any provision is held unenforceable, the remaining provisions shall remain in full force. Obligations that by their nature survive termination shall survive.

Acceptance and Proposal Expiration

This Proposal is valid until . Acceptance by Client requires signature below and payment of any required deposit.

Additional Provisions

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