AGREEMENT BETWEEN OWNER AND CONTRACTOR
12:47 AM Posted by Blony
BETWEEN: [OWNER NAME] (the "Owner"), a corporation organized and existing under the laws of the [STATE/PROVINCE], with its head office located at:
AND: [CONTRACTOR NAME] (the "Contractor"), a corporation organized and existing under the laws of the [STATE/PROVINCE], with its head office located at:
WHEREAS, Owner finds that the Contractor is qualified to perform the work, all relevant factors considered, and that such performance will be in furtherance of Owner's business.
NOW, THEREFORE, in consider¬ation of the mutual covenants set forth herein and intending to be legally bound, the parties hereto agree as follows:
1. MATERIAL AND LABOR PROVIDED
The Contractor agrees to provide all of the material and labor required to perform the following work for:
[DESCRIBE WORK TO BE PERFORMED]
as shown by the drawing(s) and described in the specifications prepared by [NAME] and provided by the Owner, which are identified by the signatures of the parties to this agreement and which form a part of this agreement.
The Contractor agrees to provide and pay for all materials, tools and equipment required for the prosecution and timely completion of the work. Unless otherwise specified, all materials shall be new and of good quality.
In the prosecution of the work, the Contractor shall employ a sufficient number of workers skilled in their trades to suitably perform the work.
2. PAYMENT
The Owner hereby agrees to pay the Contractor, for the aforesaid materials and labor, the sum of [AMOUNT], in the following manner:
[DESCRIBE METHOD AND TIMING OF PAYMENT]
3. COMPLETION OF THE WORK
The Contractor agrees that the various portions of the above-described work shall be completed on or before the following dates:
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AGREEMENT BETWEEN OWNER AND CONTRACTOR
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