Renovations Project Document

Renovations Project Document

Client Name:     Contractor Name:

Project Address:

RECITALS

WHEREAS, Client engages Contractor to perform renovation, repair and related services at the Project Address described above under the terms and conditions set forth in this Renovations Project Document;

WHEREAS, Contractor represents that it is duly licensed, insured and qualified to perform the work described herein and will obtain any required permits and approvals unless otherwise agreed in writing;

WHEREAS, the parties desire to set forth the scope, payment terms, schedule, confidentiality obligations and other material terms of their agreement effective as of .

SCOPE OF WORK

Contractor shall furnish all labor, materials, equipment and supervision necessary to complete the renovation work described below. Work will be performed in a professional manner in accordance with industry standards and applicable codes.

PAYMENT TERMS

The total contract price for the work is:

Payments are due within days of invoice unless otherwise specified. Late payments shall accrue interest at % per month on the outstanding balance, or the maximum permitted by applicable law, whichever is less.

TERM AND TERMINATION

This Agreement commences on the Start Date set forth below and continues until completion of the Work or earlier termination as provided herein.

Either party may terminate this Agreement for material breach if the breaching party fails to cure the breach within days after written notice. Termination does not relieve Client of payment for work performed and materials ordered through the effective date of termination.

CONFIDENTIALITY

Each party shall maintain the confidentiality of the other party's confidential information disclosed in connection with this Agreement. Confidential information includes pricing, specifications, drawings, trade secrets and other non-public business information. Confidential information shall not be disclosed to third parties except as required to perform the Work, to comply with legal process, or as otherwise agreed in writing. This obligation survives termination for a period of three (3) years.

CHANGE ORDERS

All changes to the Scope of Work shall be made by written change order executed by both parties. Change orders shall describe the change, any change in contract price and the adjustment to the schedule.

PERMITS, INSURANCE AND WARRANTIES

Contractor shall obtain and pay for all permits required by authorities having jurisdiction unless otherwise stated. Contractor shall maintain liability and workers' compensation insurance in amounts customary for the trade and provide certificates upon request.

ACCEPTANCE, COMPLETION AND FINAL PAYMENT

Final completion is achieved when the Work is complete in accordance with the Scope of Work, defects are corrected, and Client issues a written acceptance. Final payment is due upon acceptance and subject to any holdback required by law or as provided below.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the state of without regard to conflict of laws principles.

ENTIRE AGREEMENT

This document, together with any written change orders executed by the parties, constitutes the entire agreement between the parties regarding the subject matter hereof and supersedes all prior negotiations, representations, and agreements, whether written or oral. Any amendment or modification must be in writing and signed by both parties.

ADDITIONAL PROVISIONS

The parties agree that any dispute arising under or related to this Agreement shall be resolved by negotiation in good faith. If unresolved within thirty (30) days, the parties may pursue other remedies available under law. Remedies are cumulative and do not limit any other rights or remedies available to a party.

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