Construction Agreement With Material

State:
Washington
Control #:
WA-00462-11
Format:
Word; 
Rich Text
Instant download

Description

This form is designed for use between Fencing Contractors and Property Owners and may be executed with either a cost plus or fixed fee payment arrangement. This contract addresses such matters as change orders, work site information, warranty and insurance. This form was specifically drafted to comply with the laws of the State of Washington.

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  • Preview Fencing Contract for Contractor
  • Preview Fencing Contract for Contractor
  • Preview Fencing Contract for Contractor
  • Preview Fencing Contract for Contractor
  • Preview Fencing Contract for Contractor

How to fill out Washington Fencing Contract For Contractor?

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FAQ

To calculate a time and materials invoice, a contract needs to multiply the man-hours by the agreed-upon rate for each trade, and then add it to the materials costs (plus the markup, if contractually allowed).

A time and materials contract, or T&M contract, is a contract that's used to reimburse one party for the costs of the materials needed to complete a job, along with a predetermined hourly wage and other fees related to the service being provided.

A time and materials contract usually signals to the customer that there is risk involved. The project could cost more than initially anticipated. For example, Joe the contractor has just been contacted by a homeowner who wants him to design and build a saltwater fish tank in the middle of the homeowner's home.

Time and materials (T&M) contracts are used in construction when the project's scope isn't predetermined, making it difficult to agree on a fixed price and timeline for the contract. Instead, time and materials contracts allow for the flexibility of an as-we-go agreement.

What Should Be in a Construction Contract?Identifying/Contact Information.Title and Description of the Project.Projected Timeline and Completion Date.Cost Estimate and Payment Schedule.Stop-Work Clause and Stop-Payment Clause.Act of God Clause.Change Order Agreement.Warranty.More items...

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Construction Agreement With Material