The Foundation Contract for Contractor is a legal agreement designed for use between foundation contractors and property owners. This contract can be tailored to a cost-plus or fixed fee payment arrangement and outlines critical aspects such as change orders, work site conditions, warranty, and insurance. It is specifically drafted to comply with the legal standards of the State of Washington, making it distinct from other construction contracts by its focus on foundation work and its jurisdictional compliance.
This form should be utilized during the initiation of a construction project focused on foundation work when a property owner hires a contractor. It is specifically useful when defining payment arrangements, scope of work, and managing expectations related to permits, insurance, and potential project changes. Consider using this form if you are a property owner looking to protect your interests and clearly define responsibilities with your contractor.
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Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.

Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.

If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

We protect your documents and personal data by following strict security and privacy standards.
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.
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.
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.
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.
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.
Terms. This is the first section of any agreement or contract and states the names and locations of the parties involved. Responsibilities & Deliverables. Payment-Related Details. Confidentiality Clause. Contract Termination. Choice of Law.
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).
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.
You shouldn't pay more than 10 percent of the estimated contract price upfront, according to the Contractors State License Board.