Payment Agreement Contract Template printable pdf download

Project Description

For a price identified below, Contractor agrees to complete a new commercial or industrial

building (identified as the Project in this agreement) for Owner.

II.

Contract Price

In addition to any other charges specified in this agreement, Owner agrees to pay Contractor

$ _______________ for completing the Work described as the Project.

III.

Alternative Pricing Options

At the option of Owner, the following adjustments may be made to the Project:

Add $______________ for

_____________________________________________________________________________________

Subtract $_______________ for

_____________________________________________________________________________________

IV.

Allowances

This Contract Price includes allowances for items to be selected later by Owner.

$_______________ for __________________________________________________________.

Installation will be by Contractor at a cost included in the Contract Price

The allowance price covers the cost of:

Materials

Taxes

Delivery

$______________ for ___________________________________________________________.

Installation will be by others at a cost included in the allowance price

Payment Per Unit of Work

In addition to other charges specified in this agreement, Owner agrees to pay Contractor

$_____________ per ___________ of _____________________________________________________.

If the actual quantity of ______________________________ is more or less than ___________,

The Contract Price will be increased or reduced by $_________________ per _______________ of

___________________________________________ more or less than __________________________.

VI.

Scheduled Start of Construction

Work under this agreement will begin within 1 Calendar Days after the following contingencies

have been met.

Payment Agreement Contract Template