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This is an agreement for a company that is retaining a contractor to perform work or provide a service. It contains the material terms of the agreement including the services to be provided, the compensation arrangement and time of completion. This document in its draft form contains numerous of the standard clauses commonly used in these types of agreements, however, additional language may be added to allow for customization to ensure the specific terms of the parties� agreement are addressed. This form should be used by contractors or companies located in Arkansas when hiring a contractor.
Docstoc Legal Agreements This is an agreement for a company that is retaining a contractor to perform work or provide a service. It contains the material terms of the agreement including the services to be provided, the compensation arrangement and time of completion. This document in its draft form contains numerous of the standard clauses commonly used in these types of agreements, however, additional language may be added to allow for customization to ensure the specific terms of the parties� agreement are addressed. This form should be used by contractors or companies located in Arkansas when hiring a contractor. ® DISCLAIMERS: ALL INFORMATION AND FORMS ARE PROVIDED “AS IS” WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS, IMPLIED, OR OTHERWISE, INCLUDING AS TO THEIR LEGAL EFFECT AND COMPLETENESS. They are for general guidance and should be modified by you o r your attorney to meet your specific needs and the laws of your state. Use at your own risk. 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All Rights Reserved CONTRACTOR AGREEMENT THIS CONTRACTOR AGREEMENT (“Agreement”) made this _____ [Month] _____ [Date], 20____, by and between _______________________ [Instruction: Insert name of contractor], located at _________________________________________ [Instruction: Insert address of contractor] (“hereinafter Contractor”), and ________________________ [Instruction: Insert name of owner], located at ______________________________________ [Instruction: Insert address of owner], (“hereinafter Owner”). WITNESSETH, that the Contractor and the Owner for the consideration named herein agree as follows: 1. Scope of the Work The Contractor shall furnish all the materials and perform all of the work shown on the drawings and/or described in the specifications entitled Exhibit A, as annexed hereto as it pertains to work to be performed on property located at: ___________________________________________________________________________ ___________________________________________________________________________ ___________________________________________________________________________ [Instruction: Insert the location of the property] 2. Time of Completion The work to be performed under this Agreement shall be commenced on or before _____ [Month] _____ [Date], 20____, [Instruction: Insert the commencement date] and shall be completed on or before _____ [Month] _____ [Date], 20____. [Instruction: Insert the completion date]. Time is the essence of this Agreement. 3. The Contract Price The Owner shall pay the Contractor for the material and labor to be performed under the contract the sum of ________ ($____) [One thousand dollars only ($1,000)] [Instruction: Insert the amount payable by the Owner], subject to additions and deductions pursuant to authorized change orders. 4. Progress Payments Payments of the contract price shall be paid in the manner following: ___________________________________________________________________________ ___________________________________________________________________________ [Instruction: Insert the manner by which the contract price shall be paid] 5. General Provisions a. All work shall be completed in a workmanship like manner and in compliance with all building codes and other applicable laws. b. To the extent required by law all work shall be performed by individuals duly licensed and authorized by law to perform said work. c. Contractor may at his discretion engage subcontractors to perform work hereunder, provided Contractor shall fully pay said subcontractor and in all instances remain responsible for the proper completion of this contract. d. Contractor shall furnish Owner appropriate releases or waivers of lien for all work performed or materials provided at the time the next periodic payment shall be due. e. All change orders shall be in writing and signed by both Owner and Contractor. f. Contractor warrants he is adequately insured for injury to his employees and others incurring loss or injury as a result of the acts of Contractor or his employees and subcontractors. g. Contractor shall at his own expense obtain all permits necessary for the work to be performed. h. Contractor agrees to remove all debris and leave the premises in broom clean condition. i. In the event Owner shall fail to pay any periodic or installment payment due hereunder, Contractor may cease work without breach pending payment or resolution of any dispute. j. All disputes hereunder shall be resolved by binding arbitration in accordance with the rules of the American Arbitration Association. k. Contractor shall not be liable for any delay due to circumstances beyond his control including strikes, casualty or general unavailability of materials. l. Contractor warrants all work for a period of ___________ (___) [◊ Twelve (12)] months following completion. 6. OTHER TERMS _____________________________________________________________________________________________________ _____________________________________________________________________________________________________ _______________________ Signed this _____ [Month] _____ [Date], 20____. OWNER CONTRACTOR ____________________ _________________________ Signature Signature EXHIBIT – A DESCRIPTION OF WORK TO BE PERFORMED
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