Real Estate Property Waste Disposal Contract
Real Estate Property Waste Disposal Contract
This Real Estate Property Waste Disposal Contract (the "Contract") is made and entered into on this ___ day of ______, 20, by and between [Your Company Name], a corporation duly organized and existing under the laws of the State of [State Name], with its principal place of business located at [Your Company Address] (hereinafter referred to as the "Company"), and [Contractor Name], a corporation duly organized and existing under the laws of the State of [State Name], with its principal place of business located at [Contractor Address] (hereinafter referred to as the "Contractor").
WHEREAS, the Company owns and/or manages real estate properties requiring regular waste disposal services; and
WHEREAS, the Contractor is engaged in the business of providing waste disposal services and has agreed to provide such services to the Company under the terms and conditions set forth in this Contract;
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:
1. SERVICES
1.1. Scope of Services: The Contractor hereby agrees to perform comprehensive waste disposal services ("Services") for the properties owned or managed by the Company. These Services shall include, but are not limited to, regular waste collection, transportation, and disposal or recycling of waste materials in accordance with all applicable local, state, and federal regulations. Detailed descriptions of the Services to be provided, including any special waste handling requirements, frequency of service, and other operational details, are specified in Exhibit A attached hereto and hereby made an integral part of this Contract.
1.2. Service Standards: The Contractor commits to executing the Services with the highest standard of professionalism, efficiency, and environmental compliance. The Contractor shall ensure that all services are performed by qualified personnel, equipped with appropriate tools and vehicles, and in a manner that minimizes disruption to the Company's operations and its tenants.
2. SERVICE AREA
2.1. Designated Locations: The Contractor will provide the Services to the locations listed in Exhibit B attached to this Contract. These locations include, but are not limited to, the following addresses provided by the Company: [List of Property Addresses]. The Company reserves the right to amend this list during the term of the Contract, with written notice to the Contractor and adjustments to service levels and payments as agreed upon by both parties.
3. PAYMENT
3.1. Compensation: The Company agrees to compensate the Contractor for the Services provided under this agreement according to the payment schedule and rates detailed in Exhibit C attached hereto. This compensation will cover all labor, materials, equipment, and other expenses incurred by the Contractor in providing the Services.
3.2. Invoicing and Payment: The Contractor will submit detailed invoices to the Company on a [monthly/quarterly] basis, specifying the Services provided, dates of service, and any other charges incurred during the billing period. The Company shall remit payment to the Contractor within [number] days of receipt of each invoice. Late payments by the Company shall accrue interest at a rate of [specified interest rate] per annum, calculated on a daily basis.
4. TERM
4.1. Contract Duration: This Contract shall be effective from [Start Date], 20____, and shall remain in force until [End Date], 20____, subject to earlier termination according to the provisions of Section 7. This Contract may be renewed upon mutual agreement of both parties, with terms to be negotiated at least [number] days prior to the expiration of the current term.
5. ACCEPTABLE WASTE
5.1. Non-Hazardous Waste: The Contractor is authorized to collect and dispose of non-hazardous waste generated by the Company's properties. Non-hazardous waste includes, but is not limited to, general office waste, non-recyclable materials, and other waste types as defined in Exhibit D. The Contractor shall ensure that the disposal of such waste complies with all environmental regulations and best practices.
6. UNACCEPTABLE WASTE
6.1. Excluded Materials: The Contractor shall not be obligated to collect, transport, or dispose of any hazardous waste or materials that are regulated by local, state, or federal environmental laws, including but not limited to toxic, corrosive, ignitable, or reactive substances, as detailed in Exhibit E. The responsibility for the disposal of such materials shall rest solely with the Company, which shall ensure compliance with all relevant regulations.
7. TERMINATION
7.1. Termination Rights: Either party may terminate this Contract by providing [Notice Period, e.g., 30] days' written notice to the other party. Grounds for termination include, but are not limited to, breach of contract, failure to perform services to the agreed-upon standards, or changes in laws or regulations that materially affect the ability to perform the Services.
7.2. Effect of Termination: Upon termination, the Company shall be obligated to pay the Contractor for all Services rendered up to the date of termination, plus any costs reasonably incurred by the Contractor in winding down the Services. Any pre-paid fees for services not rendered as of the termination date shall be refunded to the Company within [number] days of the termination.
7.3. Survival: Sections pertaining to payment, liability, indemnification, and confidentiality shall survive the termination or expiration of this Contract, remaining in full force and effect until fulfilled.
8. LIABILITY
8.1. Each party agrees to indemnify, defend, and hold harmless the other party, its officers, directors, employees, agents, and successors from and against any claims, damages, losses, and expenses, including reasonable attorneys' fees, arising out of or resulting from the performance of this Contract, except for such claims, damages, losses, or expenses caused by the gross negligence or willful misconduct of the indemnified party.
9. DISPUTE RESOLUTION
9.1. Any disputes arising out of or related to this Contract shall first be attempted to be resolved through good faith negotiations between the parties.
9.2. If the dispute cannot be resolved through negotiation, the parties agree to submit the dispute to mediation before resorting to arbitration or litigation.
10. ENTIRE AGREEMENT
10.1. This Contract, including all Exhibits attached hereto, constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, between the parties.
IN WITNESS WHEREOF, the parties hereto have executed this Contract as of the date first above written.
YOUR REAL ESTATE COMPANY
By:
Name:
Title:
Date:
CONTRACTOR
By:
Name:
Title:
Date:
Appendix
Exhibit A: detailed descriptions of the services
Exhibit B: List of service areas
Exhibit C: List of payment schedule and rates
Exhibit D: List of acceptable waste
Exhibit E: List of unacceptable waste