This form is designed for use between Site Work 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.
Washington Site Work Contract for Contractor
Category:
State:
Washington
Control #:
WA-00462-23
Format:
Word;
Rich Text
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FAQ
You shouldn't pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board.
Estimates, generally, must be professionally reasonable. A 10-20% overage might be considered reasonable, especially if the contractor discovered issues along the way that he couldn't have been aware of initially (for example, mold or flooding).
A: It's not uncommon for contractors to ask for a down payment up front to secure your spot on their schedule or purchase some of the job materials in advance. Asking for more than half of the project cost up front, though, is a big red flag.I recommend tying payments to progress made during the job.
This one-year correction period has become known in the construction industry as a one-year warranty. Both owners and contractors point to this provision as a contractual limit on the contractor's obligation to correct defective work discovered more than one year after completion of the construction.
Avoid companies that require an upfront deposit of more than 10 percent. Try to include language in the contract that holds back a percentage of the total price, called a retainage, until you're sure the work was done well. A 10 percent retainage is common for residential remodeling work.
As a general rule, every federal contractor must register in the Central Contractor Registration (CCR) database and complete an Online Representations and Certifications Application (ORCA) before becoming eligible to receive a federal contract, grant, loan or other form of federal financial assistance.
If the contractor requests a large sum of money before work has begun, Mozen says you should ask specifically what types of work or materials those payments are covering.Contractors sometimes have other motives, other than purchasing materials, when they ask for large amounts of money in advance, Fowler says.
In contract actions the applicable contract statute of limitations expires, regardless of discovery, six years after substantial completion of construction, or during the period within six years after the termination of the services enumerated in RCW 4.16.
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.