Free Contractor Subcontractor Agreement Template
Contractor Subcontractor Agreement
I. Introduction
This Agreement is made on [Date] by and between [Your Company Name], a company located at [Your Company Address], hereinafter referred to as the "Contractor," and [Second Party Company Name], located at [Second Party Company Address], hereinafter referred to as the "Subcontractor." The purpose of this Agreement is to outline the terms and conditions under which the Subcontractor will provide services for the Contractor on the project described below.
II. Scope of Work
The Subcontractor agrees to provide electrical installation services, including the wiring of electrical outlets, circuit breakers, lighting fixtures, and the installation of HVAC electrical systems for the construction of a new commercial office building. These services must be performed in accordance with the specifications set forth in Exhibit A of this Agreement, which outlines the materials, safety protocols, and project timelines.
III. Payment Terms
The Contractor agrees to pay the Subcontractor a total sum of $[00] upon completion of the work. Payment will be made in two installments: 50% upon signing this Agreement and 50% upon satisfactory completion of all work.
IV. Timeline
The work is to commence on [Date] and be completed no later than [Date]. Any delays will require written consent from the Contractor for extensions to be granted.
V. Responsibilities and Obligations
The Subcontractor is responsible for supplying all necessary tools and materials for the job. The Contractor will provide access to the job site and ensure any needed permits are obtained.
VI. Liability and Indemnification
The Subcontractor agrees to indemnify and hold harmless the Contractor from any claims or damages resulting from their work. The Subcontractor shall maintain adequate insurance coverage to cover any potential liabilities arising from the project.
VII. Termination of Agreement
Either party may terminate this Agreement with written notice if the other party fails to meet its obligations. In the event of termination, the Subcontractor will be paid for any completed work up to the termination date.
VIII. Confidentiality and Non-Disclosure
Both parties agree not to disclose any confidential information obtained during the performance of this Agreement. This confidentiality obligation will remain in effect for a period of [00] years after the termination of the contract.
IX. Dispute Resolution
In case of a dispute, the parties will first attempt to resolve the matter through mediation. If mediation fails, the dispute will be settled through binding arbitration in the state of [State].
X. Miscellaneous Provisions
This Agreement is governed by the laws of the state of [State]. Any amendments to this Agreement must be made in writing and signed by both parties.
XI. Signatures
By signing below, both parties agree to the terms and conditions outlined in this Agreement.
Contractor
[Your Name]
[Your Job Title]
[Your Company Name]
Subcontractor
[Representative's Name]
[Second Party Company Name]
[Second Party Company Number]
Signed on [Date]
