Contracts Sample Legal Forms
"SUBCONTRACTOR PERFORMANCE AGREEMENT
FOR RESIDENTIAL CONSTRUCTION"
This is not a substitute for legal advice. An attorney must be consulted. "This work is protected under the copyright laws of the United States. No reproduction, use, or disclosure of this work shall be permitted without the prior express written authorization of the copyright owner. Copyright � 2003 by LAWCHEK, LTD." |
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This
is not a substitute for legal advice. An
attorney must be consulted. |
This
is not a substitute for legal advice. An
attorney must be consulted. |
This
is not a substitute for legal advice. An
attorney must be consulted. |
This
is not a substitute for legal advice. An
attorney must be consulted. |
The form above is an example of how a typical Subcontractor Performance Agreement form may be completed.
The type of subcontracting work to be performed should be set forth.
The date on which the contract is entered.
The name of the owner or builder. In this case, it is the owner.
The address of the owner or builder.
The name of the subcontractor or the subcontractor's company or both. In this case, it is an individual subcontractor.
The address of the subcontractor.
The location at which the work will be completed.
There may be various compliance standards that are unique to each state or locality; therefore, an attorney should be consulted regarding these matters.
An arbitrary date was selected for the completion of 50% of the work.
October 15, 1996, was arbitrarily selected for the subcontractor to have completed an additional 30% of the work.
November 15, 1996 was the date selected for the final 20% of the work.
The provision is set forth to let the parties know that liquidated damages will be charged for any delay where the subcontractor fails to complete the project within the specified period of time and for which an extension has not been granted.
The amount set forth is an arbitrary figure that is used to delineate the amount of liquidated damages. In this case, it is on a daily basis.
The workmanship may vary from location to location. It is certainly possible for this provision to be more elaborate.
An exception to a normal contract project was set forth as a hypothetical example, wherein, the owner was to provide conduit.
The total amount of payment was set forth.
The first installment of payment, the date of installment, and the percentage of completion has been set forth.
An amount to be paid on the second installment payment of 10/15/96 was set forth after 30% of the electrical project had been completed.
The final payment on 11/15/96 was set forth when the final 20% was completed. This, of course, is a hypothetical example.
Insurance requirements may vary from state to state or from location to location; therefore, an attorney should be consulted regarding this matter.
Lien waivers and the requirements for lien waivers may vary from state to state. Accordingly, an attorney should be consulted.
No additional provisions were set forth as a sample in this case. However, space has been provided for any additional provisions to this agreement.
The date the agreement was signed should be set forth.
The signature of the subcontractor, in this case, the electrician.
The signature of the owner or builder should be provided.
Space for a witness who observed the contractor's signature of this contract.
Space for a witness who observed the owner's signature of this contract.
This is not a substitute for legal
advice. An
attorney must be consulted.
Copyright � 2003 - 2009 by LAWCHEK, LTD.
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