FOUNDATION CONTRACT
THIS FOUNDATION CONTRACT (“Contract”), effective as of the date of the last party to
sign below, is between , having an address at
("Contractor") and , having an
address at ("Owner").
For valuable consideration the parties hereby agree as follows:
1. SCOPE OF WORK: Contractor is responsible for all scheduling delivery of all materials.
Excess concrete material ordered will be disposed of according to Owner’s instructions. Contractor shall
schedule inspections of the work as necessary.
FOOTING-Concrete Mix or PSI: Slump:
Width: Depth: Reinforcing: Number:
Spacing: Dowels: Spacing: Keyway:
FROST FOOTING-Concrete Mix or PSI: Slump:
Width: Depth: Reinforcing: Number:
Spacing: Dowels: Spacing: Keyway:
FOUNDATION WALL-Material: Block-Size:
Concrete Mix or PSI: Slump: *
Width: * Beam Pocket Size: Reinforcing:
Number: Spacing:
PIERS-Concrete Mix or PSI: Slump:
Diameter Depth: Spacing:
Reinforcing: Number: Spacing:
PILINGS-Material:
Size: Spacing: Depth:
FIREPLACE FTG.-Concrete Mix or PSI: Slump:
Width: Length: Depth:
Reinforcing: Number: Spacing:
FOUNDATION WINDOWS: Size:
FOUNDATION DOORS: Size: *
CRAWL SPACE-Ground Cover: * Vents:
Access: Drain:
DRAIN TILE-Material/Size: Material over Tile:
FOUNDATION WATERPROOFING: Vapor Barrier:
Foundation Insulation: R-Value:
Found. Bolt/Size: Spacing: Termite Protection:
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GIRDERS-Material: Size: Span:
COLUMNS-Material: Size: Spacing:
2. WORK SITE: The Project shall be constructed on the property of Owner located at
and more
particularly described as (hereafter
"the Work Site"). Owner hereby authorizes Contractor to commence and complete the usual and
customary excavation and grading on the Work Site as may be required in the judgment of the
Contractor to complete the Project. Unless called for in the drawings or specifications, no
landscaping, finish grading, filling or excavation is to be performed at the Work Site by the
Contractor.
3. TIME OF COMPLETION: Contractor shall commence the work to be performed under this
Contract on or before and shall substantially complete the work on or before .
Contractor shall not be liable for any delay due to circumstances beyond its control including
strikes, casualty, acts of God, illness, injury, or general unavailability of materials.
4. PERMITS: Contractor shall apply for and obtain such permits and regulatory approvals as may
be required by the local municipal/county government, the cost thereof shall be included as part of
the Project price.
5. SOIL CONDITIONS: Contractor shall have no responsibility for the condition of the soils at the
Work Site. Any excavation, filling or other work required by the Owner other than the usual and
customary excavation and grading shall be agreed to in a Change Order for an amount in addition
to the Contract Price. Contractor shall not be responsible for any damages suffered by Owner as a
result of the soil conditions at the Work Site.
6. INSURANCE: Contractor shall maintain general liability, workers compensation and builder's
risk insurance.
7. SURVEY AND TITLE: If the Project is near the Owner’s property boundary, Owner will point
out property lines to the Contractor. If the Owner or Contractor has any doubt about the location
of the property lines, Owner shall provide Contractor with boundary stakes through a licensed
surveyor. In addition, Owner shall provide Contractor documentation that Owner has title to the
Work Site and shall provide Contractor copies of any covenants, conditions, or restrictions that
affect the Work Site.
8. CHANGES TO SCOPE OF WORK: Owner may make changes to the scope of the work,
including changes to the drawings and specifications, from time to time during the construction of
the Project. However, any such change or modification shall only be made by written "Change
Order" signed by both parties. Such Change Orders shall become part of this Contract. Owner
agrees to pay any increase in the cost of the Project as a result of a Change Order. In the event the
cost of a Change Order is not known at the time a Change Order is executed, the Contractor shall
estimate the cost thereof and Owner shall pay the actual cost whether or not it is in excess of the
estimated cost.
9. CONTRACT PRICE:
{COST PLUS}
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Owner agrees to pay Contractor the actual cost to Contractor of materials plus the sum of
$ for performing the services set forth in the scope of the work. Contractor
shall be paid as follows:
.
OR
{FIXED FEE}
Owner agrees to pay Contractor the sum of $ for performing the services set
forth in the scope of the work. Contractor shall be paid as follows:
.
Contractor shall furnish Owner appropriate releases or waivers of lien for all work performed or
materials provided at the time the next periodic payment shall be due.
10. LATE PAYMENT/DEFAULT: A failure to make payment for a period in excess of ten (10)
days from the due date shall be deemed a material breach of this Contract. If payment is not made
when due, Contractor may suspend work on the job until such time as all payments due have been
made without breach of the Contract pending payment or resolution of any dispute. Owner agrees
to pay a late charge of 1% of all payments that are more than ten (10) days late plus interest at the
rate of 1% per month.
11. DESTRUCTION AND DAMAGE : If the Project is destroyed or damaged for any reason,
except where such destruction or damage was caused by the sole negligence of the Contractor or
its subcontractors, Owner shall pay Contractor for any additional work done by Contractor in
rebuilding or restoring the Project to its condition prior to such destruction or damage. If the
estimated cost of replacing work already accomplished by Contractor exceeds 20 percent of the
Contract price, either the Contractor or Owner may terminate this Contract. Upon termination by
either party, Contractor shall be excused from further performance under this Contract and Owner
shall pay Contractor a percentage of the Contract price in proportion to the amount of work
accomplished prior to the destruction or damage.
12. ASSIGNMENT : Neither party may assign this Contract, or payments due under the Contract,
without the other party’s written consent. Any such assignment shall be void and of no effect.
13. INTERPRETATION:
(a) Interpretation of Documents. The Contract, drawings, and specifications are intended to
supplement one another. In the event of a conflict, the specifications shall control the drawings,
and the Contract shall control both. If work is displayed on the drawings but not called for in the
specifications, or if the work is called for in the specifications but not displayed on the drawings,
Contractor shall be required to perform the work as though it were called for and displayed in both
documents.
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(b) Entire Agreement. This Contract constitutes the entire agreement of the parties. No other
agreements, oral or written, pertaining to the work to be performed under this Contract exists
between the parties. This Contract may only be modified only by a written agreement signed by
both parties.
(c) Governing Law. This Contract shall be interpreted and governed in accordance with the
laws of the State of New Jersey.
14. ATTORNEYS’ FEES AND COSTS: If any party to this Contract brings a cause of action
against the other party arising from or relating to this Contract, the prevailing party in such
proceeding shall be entitled to recover reasonable attorney fees and court costs.
15. PERFORMANCE:
(a) Contractor may, at its discretion, engage licensed subcontractors to perform work pursuant
this Contract provided Contractor shall remain fully responsible for the proper completion of the
Project.
(b) All work shall be completed in a workman-like manner and in compliance with all building
codes and applicable laws. To the extent required by law, all work shall be performed by
individuals duly licensed and authorized by law to perform said work.
(c) Contractor agrees to remove all debris and leave the premises in broom clean condition.
16. WARRANTY: Contractor agrees to repair any cracks in the foundation wall in excess of 1/8
inch and any leaks occurring through foundation wall ties for a period of years. Contractor
shall not be responsible, if Contractor informed Owner in writing, prior to installation of the
foundation, that possible unstable soil conditions may exist and Owner waived the right to take
steps to ensure a soil level that would provide a stable load bearing capacity of the soil for the
dwelling. Contractor shall not be responsible for structural damage to the dwelling due to the
Owner’s failure to maintain suitable soil moisture content at the footing level. Contractor shall not
be responsible for cracks or failure of the foundation caused by Owner’s failure to divert water
away from the foundation. Contractor agrees that, should the fireplace footing settle 1 inch
vertically or should the fireplace walls separate or otherwise move away from the dwelling in
excess of 1 1/2 inch at the intersection of the roof line and the fireplace wall, within a year
period, then, Contractor agrees to furnish and pay for all costs to stabilize the fireplace footing for
an additional period of years from the date repairs was effected, at no additional cost to
Owner; provided however, Contractor shall not be responsible, if Contractor informed Owner in
writing, prior to installation of the fireplace footing, that possible unstable soil conditions may
exist and Owner waived the right instruct changes be made to ensure additional fireplace footing
support. Contractor shall not be responsible after this period. Contractor shall not be responsible
for Owner’s negligence. Contractor agrees to assist in securing fulfillment of warranties provided
by the manufacturer on the equipment supplied by Contractor. In the event, a crack develops
within the above warranty period, then Contractor agrees to repair or replace within days of
notice, weather permitting. Contractor hereby assigns to Owner all warranties on materials as
provided by the manufacturer of such materials.
A mortgage or security interest to be taken in connection with the financing or sale of the home
improvement applies and is described as follows: ______________________________ .
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A person other than the seller is to act as the general contractor or assume responsibility for
performance of the contract and is identified as:
Name: ______________________________
Address: ______________________________
NOTICE TO OWNER
Do not sign this contract in blank. You are entitled to a copy of the contract at the time you
sign. Keep it to protect your legal rights. Do not sign any completion certificate or agreement
stating that you are satisfied with the entire project before this project is complete. Home repair
contractors are prohibited by law from requesting or accepting a certificate of completion
signed by the owner prior to the actual completion of the work to be performed under the home
repair contract.
Workmen's compensation and public liability insurance are carried by the home repair
contractor and applicable to the work to be performed under the contract.
The home repair contractor is qualified as a self-insurer pursuant to Title 34;
The home repair contractor is precluded from purchasing workmen's compensation under
chapter 15 of Title 34 of the Revised Statutes,and does not carry workmen's compensation
insurance.
AGREED:
CONTRACTOR:
Signature
Print Name & Title
Date
License Number
Name and Address of License Holder
Print Name of Salesperson (if applicable) OWNER:
Signature
Print Name
Date
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Address of Salesperson (if applicable)
Phone Number
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* Required f or use in home solicitation sales only:
RECEIPT
______________________________
Contractor's Name
______________________________
Contractor’s Place of Business
Description of the goods and services sold:
______________________________
Amount of money paid by the owner or the cash value of any goods delivered to the home repair
contractor at the time the home repair contract was entered into: ______________________________
NOTICE TO OWNER: YOU MAY RESCIND THIS SALE PROVIDED THAT YOU NOTIFY THE
HOME REPAIR CONTRACTOR OF YOUR INTENT TO DO SO BY CERTIFIED MAIL, RETURN
RECEIPT REQUESTED, POSTMARKED NOT LATER THAN 5 P.M. OF THE THIRD BUSINESS
DAY FOLLOWING THE SALE. FAILURE TO EXERCISE THIS OPTION, HOWEVER, WILL NOT
INTERFERE WITH ANY OTHER REMEDIES AGAINST THE HOME REPAIR CONTRACTOR
YOU MAY POSSESS. IF YOU WISH YOU MAY USE THIS PAGE AS NOTIFICATION BY
WRITING "I HEREBY RESCIND' AND ADDING YOUR NAME AND ADDRESS. A DUPLICATE
OF THIS RECEIPT IS PROVIDED BY THE HOME REPAIR CONTRACTOR FOR YOUR
RECORDS.
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