Louisiana Security Contract for Contractor

Contract Types Overview. Express and Implied Contracts. Unilateral and Bilateral Contracts. Unconscionable Contracts. Adhesion Contracts. Aleatory Contracts. Option Contracts. Fixed Price Contracts.

Define the needs of the project. Finalize the provisions of the agreement, such as the due dates. Clarify the terms for payment. Write a draft of the contract and send it to the subcontractor for her review. Decide on a method to handle disputes, should one arise between you and the subcontractor.

Name of contractor and contact information. Name of homeowner and contact information. Describe property in legal terms. List attachments to the contract. The cost. Failure of homeowner to obtain financing. Description of the work and the completion date. Right to stop the project.

Both parties should sign the contract, and both should be bound by the terms and conditions spelled out in the agreement. In general that means the contractor will be obliged to provide specified materials and to perform certain services for you. In turn, you will be required to pay for those goods and that labor.

Make sure the contractor obtains a permit if the job requires one. Ask for a copy of the contractor's license and proof of insurance. Pay by check and get a receipt. Document any changes to the contract in writing.

Begin with the Date and the Address of the Other Party. Start with the Basic Details of the Planned Work. Include Special Stipulations. State Whether There Will be a Further Agreement. Create an Area for Signatures. Sign and Date the Contract Letter.

#1: Review Your Bid. #2: Review Complete Plans. #3: Review All Specifications. #4: Visit the Job Site. #5: Review the Job Schedule. #6: Complete a Project Checklist. #7: Verify Project Funding. #8: Read Complete 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.

Protect your social security number. Have a clearly defined scope of work and contract in place with clients. Get general/professional liability insurance. Consider incorporating or creating a limited liability company (LLC).