This Construction Contract (the “Agreement”) is entered into as of [Effective Date] by and between [Owner Name] (“Owner”) and [Contractor Name] (“Contractor”).
1. Scope of Work
Contractor will perform the work described in Exhibit A, including materials and specifications. Contractor will follow all approved plans and drawings.
2. Schedule
Work will start on [Start Date] and is expected to finish by [Completion Date]. Contractor will provide periodic progress updates.
3. Contract Price and Payment
Owner will pay [Contract Price] according to the milestones in Exhibit B. Contractor may issue progress invoices, and Owner will pay within [Payment Terms] days.
4. Change Orders
Changes to scope, timeline, or price must be documented in a written change order signed by both Parties before the work is performed.
5. Permits and Compliance
Contractor will obtain required permits and comply with applicable laws, building codes, and safety regulations.
6. Insurance
Contractor will maintain [Insurance Requirements] and provide certificates upon request.
7. Site Conditions and Access
Owner will provide access to the site during working hours. Unforeseen site conditions must be reported immediately and may require a change order.
8. Warranties
Contractor warrants that work will be performed in a professional manner and conform to specifications for [Warranty Period] after completion.
9. Termination
Either Party may terminate for material breach with [Notice Period] days’ notice if not cured. Owner will pay for work performed to date.
10. Limitation of Liability
Neither Party is liable for indirect or consequential damages. Contractor’s total liability is limited to the Contract Price.
11. Governing Law
This Agreement is governed by the laws of [Governing Law Jurisdiction].
12. Severability
If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the remaining provisions will continue in full force and effect. The Parties will negotiate in good faith to replace any invalid provision with a valid provision that achieves the original intent.
13. Entire Agreement
This Agreement constitutes the entire understanding between the Parties and supersedes all prior negotiations, understandings, and agreements. No representations or statements not contained in this Agreement will be binding.
14. Amendment
This Agreement may only be amended or modified by a written document signed by both Parties.
15. Waiver
No waiver of any provision of this Agreement will be deemed or will constitute a waiver of any other provision, nor will any waiver constitute a continuing waiver unless otherwise expressly stated.
16. Assignment
Neither Party may assign this Agreement or any rights or obligations hereunder without the prior written consent of the other Party.
17. Force Majeure
Neither Party will be liable for failure to perform due to causes beyond its reasonable control, including acts of God, war, riot, terrorism, embargoes, acts of civil or military authorities, fire, floods, accidents, pandemics, or strikes.
Owner:
Name: [Name]
Title: [Title]
Date: [Date]
Contractor:
Name: [Name]
Title: [Title]
Date: [Date]
Disclaimer
This template is provided for informational purposes only and does not constitute legal advice. Contraxly is not a law firm and does not provide legal services. You should consult a qualified attorney to obtain advice tailored to your situation. Use of this template is at your own risk, and no liability is accepted for its use.
