Framing Contract

FRAMING CONTRACT

THIS FRAMING 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: Framing shall be to the plans including all details. Floor joist layout shall be as best to avoid plumbing for tubs and toilets. Framing includes the installation of sill plates; rim joists; floor joists; sub flooring; plates; exterior and interior walls; ceiling joists; headers; rafters; roof sheathing; sub fascia and fascia; bridging; joist hangers; rough framing materials for stair jacks, treads and risers; collar ties; other attic bracing materials; roof overhang and soffit; rake boards; steel and/or wood girders; columns and posts; sill sealer under the sill plates; sheathing and siding the exterior walls; siding corners; interior and exterior decorative beams and posts; exterior moldings; drip edge/Z-bar (including trim materials over z-bar); windows; exterior doors (excepting the garage door); frame and case garage door as needed; back-out garage door as needed; ventilation materials; termite shield; furring blocks on concrete walls; bracing; stiffbacks; backing blocks; nailing blocks; shimming windows and doors; caulking and gluing continuous as needed; set all finish nails; insulation behind tubs located on exterior walls; drywall behind tubs as required; box in vent areas; box in heat runs as required; framing for future recessed fixtures; kitchen and bathroom cabinet drops; fire stopping as required; deck posts; deck girders; deck floor joists and flooring; deck handrail and seating; deck stair jacks, treads and risers; and .

Contractor shall return all excess material and damaged materials. Contractor shall call for inspections of the work as required.

Framing Materials:

Exterior Trim

Flashing Material: Windows:

Doors:

Soffit Vents:

Gable Vents:

WINDOWS:

Manufacturer/Style:

Material: Insulated Glass:

Screens: Storms:

Grilles: Shutters:

STAIRS:

EXTERIOR DOORS: (Including Storm Doors)

2. WORK SITE: The Project shall be constructed on the property of Owner located at and more particularly described as (hereafter "the Work Site").

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 .

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. INSURANCE: Contractor shall maintain general liability, workers compensation and builder's risk insurance.

6. 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.

7. 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.

8. CONTRACT PRICE:

{COST PLUS}

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:

9. 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. 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.

10. 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.

11. ASSIGNMENT: Neither party may assign this Contract, or payments due under the Contract, without the other party’s written consent.

12. INTERPRETATION:

(a) Interpretation of Documents. The Contract, drawings, and specifications are intended to supplement one another.

(b) Entire Agreement. This Contract constitutes the entire agreement of the parties.

(c) Governing Law. This Contract shall be interpreted and governed in accordance with the laws of the State of Arkansas.

13. 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.

14. 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.

(c) Contractor agrees to remove all debris and leave the premises in broom clean condition.

15. WARRANTY: Contractor's warranty shall be limited to due to improper framing labor techniques, except for the following allowances: floor variance shall not exceed 1/4 inch in 32 inches, bowed or out of plumb walls shall not exceed 1/4 inch in 32 inches, non-excessive floor squeaks or pops. All said defects arising after one (1) year and defects in material are not warranted by Contractor.

NOTICE OF CANCELLATION

(Enter date of transaction)

You are entitled to cancel the agreement or offer referred to above at any time prior to midnight of the third day, excluding Sundays and holidays, after the day you signed the agreement or offer.

TO CANCEL THIS TRANSACTION, MAIL OR DELIVER A SIGNED AND DATED COPY OF THIS CANCELLATION NOTICE OR ANY OTHER WRITTEN NOTICE TO

AT

NOT LATER THAN MIDNIGHT OF

I HEREBY CANCEL THIS TRANSACTION.

Buyer’s signature:

IMPORTANT NOTICE TO OWNER

I UNDERSTAND THAT EACH PERSON SUPPLYING MATERIAL OR FIXTURES IS ENTITLED TO A LIEN AGAINST PROPERTY IF NOT PAID IN FULL FOR MATERIALS USED TO IMPROVE THE PROPERTY EVEN THOUGH THE FULL CONTRACT PRICE MAY HAVE BEEN PAID TO THE CONTRACTOR.

SIGNED:

ADDRESS OF PROPERTY:

DATE:

I HEREBY CERTIFY THAT THE SIGNATURE ABOVE IS THAT OF THE OWNER OR AGENT OF THE OWNER OF THE PROPERTY AT THE ADDRESS SET OUT ABOVE.

CONTRACTOR:

NOTICE TO PROPERTY OWNER

IF BILLS FOR LABOR, SERVICES, OR MATERIALS USED TO CONSTRUCT OR PROVIDE SERVICES FOR AN IMPROVEMENT TO REAL ESTATE ARE NOT PAID IN FULL, A CONSTRUCTION LIEN MAY BE PLACED AGAINST THE PROPERTY.