House Construction - SAMPLE CONTRACT

I know I already wrote Part 3 when we were still at my parents house but when we moved I forgot all about it besides moving in pala is not EASY. We still have loads of stuff left there and we couldnt yet figure out where to put it here, just when I thought the closets are enough haaaay. OPLAN GARAGE SALE na ito!!!

Anyway, since we havent hired a contractor for the whole house we need assurance in case something happened during or after the construction and a contract is valuable tool for that.

here's one of our contracts, dates and amount is the same but no we dont live in blah blah subdivision :D

ROOFING, STEEL TRUSS & SPANDREL WORKS CONTRACT


SCOPE OF WORK:
Contractor, name and address, shall furnish all materials and perform all work shown on the drawing or described in the specificiation on the attached quotation to work performed on property located at: Lot x block xx R street blah blah blah blah


TIME OF COMPETION:
Commence on June 22, 2011 and shall substantially completed by July 14, 2011.


CONTRACT PRICE:
Steel Truss
materials Php 53,885
Labor 21,000
Sub-total 74,885
Roof – Rib type 79,600
Spandrel 35,200
Total 189,685

PROGRESS PAYMENT:
Payment of the Contract price shall be paid in the following manner:
• Cash on delivery for the materials
• Labor cost will be paid after completion of
1. steel truss
2. Rib type roof
3. Spandrel


WARRANTY PERIOD:
Contractor warrants all work for a period of 12 months following completion.
Materials have warranty of 10 years.


PROVISIONS:
All work shall be completed in a workmanship like manner.
All change orders shall be in writing and signed by both Owner and Contractor.
Contractor warrants it is adequately insured for injury to its employees.
Contractor shall not be liable for any delay due to circumstances beyond its control.



Agreement made this June 23, 2011 between the undersigned:

CONTRACTOR ____________________________
asdfghjkl;

OWNER : ____________________________
qwertyuiop

I got to tell you that this thing works, they work best when they sign something. And if you want scary stories since halloween is fast approaching I'll give you one.
One of our neighbors started contruction I think January when we started building ours theirs isn't finished yet. WHY? Because the contractor left them after they gave them the substantial amount to complete. Now they are finishing their house at an additional cost. It pays to have your contracts written, natatakot kasi sila pag may pinipirmahan feeling nila makukulong sila :D