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Construction Contractor Agreement with Late Completion Penalty
Are you hiring a contractor to do construction or renovation work to your property? Keep the project on schedule with this Construction Contractor Agreement with Late Completion Penalty.
- The contractor agrees to substantially complete the work by a specified completion date agreed to by both parties.
- If the contractor fails to complete the work by the completion date, the contractor will pay a penalty for each day ⁄ week that the work remains unfinished.
- Alternatively, if the work is completed ahead of schedule, the contractor will be paid a bonus.
- This is a generic (not country specific) legal contract form.
Download: Construction Contractor Agreement with Late Completion Penalty
Related Forms:
- Buyer's Certificate of Acceptance After Final Inspection
- Comprehensive Construction Contract for Fixed Price with Allowances
- Construction Project Cost Estimate
- Contract Change Order
- Daily Time and Materials Record
- Subcontractor Addendum to Contract
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