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Document Id : 7219
File Type : Microsoft Word
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USA Construction Agreement for Residential Building Project
USA building contractors, prepare a Construction Agreement for a residential building project with this easy-to-use template.
- After the plans are approved by an architect, the owner will pay 90% of the agreed contract price, and the 10% retainage will be paid upon issuance of a Certificate of Occupancy.
- The contractor will supply all labor and materials necessary to complete the construction project.
- The contractor must carry adequate liability insurance during the construction.
- The contractor must provide the names of all subcontractors to the owner.
- No alterations to plans may be made without a written signed change order.
- Payment for extra work will be for actual costs plus a percentage markup.
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