This form is designed for use between Electrical 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 Maine.
Maine Electrical Contract for Contractor
Category:
State:
Maine
Control #:
ME-00462-7
Format:
Word;
Rich Text
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How to fill out Maine Electrical Contract For Contractor?
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FAQ
Yes, absolutely. Starting work without a signed contract means that your position isn't clear, or even worse it's weak.It also means that the contract is legally enforceable and will be able to support you if you decide to take legal action.
For most types of projects you hire an independent contractor (IC) to do, the law does not require you to put anything in writing. You can meet with the IC, agree on the terms of your arrangement, and have an oral contract or agreement that is legally binding. Just because you can doesn't mean you should, however.
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.
If you run a small business that hires 1099 contractors, also known as independent contractors, it is vital that you have them sign an independent contractor contract. This is because there is a significant gray area between who is classified as an independent contractor and who is classified as an employee.
General Contractor. An "independent contractor" is an entity with whom a principal/owner directly contracts to perform a certain task or tasks. A "general contractor" is an entity with whom the principal/owner directly contracts to perform certain jobs.
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.
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.
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.
Unlike other states, Maine doesn't require general contractors to be licensedonly plumbers, electricians, and contractors who do specialty work. Check out the full list of who needs to be licensed here. Instead, general contractors need to apply for Maine business licenses.