Work Completed Agreement

The term of this Agreement is for a period of [NUMBER] of years from the date of its performance by the Supplier or until the completion of the work described in a Service Description, whichever is longer. Or maybe you`re a local entrepreneur looking to grow your business and undertake larger construction projects. In any case, you need to make sure you have a written agreement to act as a plan until construction is complete to smooth out wrinkles. In some cases, a contract may not include a fixed period of performance in its terms. In these cases, the law assumes that the construction will be completed within a normal and reasonable time, which is usually determined in relation to the construction work carried out in the same area and under similar construction conditions. Since there is a high degree of uncertainty in these situations, it is neither advisable nor advantageous for either party to exclude a fixed or detectable project completion period in the contract. In the case of fixed-price service descriptions, the customer is required to pay for all completed services as well as all services running up to the date of termination. Upon termination or expiration of this Agreement, Supplier will assemble and transfer to Customer`s authorized representatives all documents, records, notes, computer programs and other documents related to the Services in an orderly manner. The customer may terminate this contract immediately for cause and assumes no responsibility for services not satisfactorily provided. Suppose your contractor and his team have suddenly stopped working and they are demanding excessive wages for materials and labor that were not originally agreed. Or your client, the owner, refuses to pay you once the project is complete.

In any case, you must ensure that you have a written agreement to protect your rights. If you don`t have an agreement, you risk wasting time and money, not to mention the quality of the construction. A construction contract should stipulate that if additional work of any kind occurs that is not expressly covered in the contract, a modification work order is required. .