Who Is The Contractor?

I met with Maria Thompson and Mark Paxton from the Community Food Bank in regard to their site improvements. The Food Bank is requesting CSDC administer a contract with Avila Construction for their site improvements to San Felipe Rd frontage and parking lot improvement that access their building. The contract amount is $57,461.The Food Bank Board has approved the expense and repayment in full to CSDC if we choose to administer the contract. A repayment agreement between the Food Bank and CSDC would need to be drafted prior to approving any contract.

Any work required to be done in accordance with the provisions of 41 U.S.C. chapter 65, Contracts for Materials, Supplies, Articles and Equipment Exceeding $15,000;

Additionally, it is clarified that contracts falling within the scope of the Act shall contain certain provisions allowing the contracting officer to terminate, by written notice, the contractor’s right to proceed with the work should it be found that the wages being paid by the contractor are less than the prevailing wage. Should termination be necessary, the contractor can be held liable for any excess costs incurred by the Government to gain a new contract or otherwise have the work

g. On December 31, 2012, the company completed the work on a contract for an out-of-province company for $7,900 payable by the customer within 30 days. No cash has been collected and no journal entry has been made for this transaction.

(b) If a stop-work order issued under this clause is canceled or the period of the order or any extension thereof expires, the Contractor shall resume work. The Contracting Officer shall make an equitable adjustment in the delivery schedule or contract price, or both, and the contract shall be modified, in writing, accordingly, if --

E5-6 On April 25, Foreman Electric installs wiring in a new home for 3500 on account. However, on April 27, Foreman’s electrical work does not pass inspection, and Foreman grants the customer an allowance of 600 because of the problem. The customer makes full payment of the balance owed, excluding the allowance, on April 30.

The offeree considered that the contractor should pay the penalty as it was a common practice and the principles should apply even with the existence of the provision binding the offeror to keep the offer open for acceptance for a given period.

CONTRACTOR shall procure any required CONTRACTOR Permits, and shall furnish any documentation, bonds, security or deposits required to permit performance of the Work.

The parties agree and understand that Contractor is an independent contractor for all purposes and is not an employee of Company. No rights or benefits of employment apply to the relationship between the parties. The parties also agree and understand that the Contractor controls the means and methods of performance under this Agreement. Neither the Company, nor any of its representatives, has

Before the contract is entered into, the business must make the other party aware of the terms that it is setting out – therefore they can see what they are entering into and decide what is right for their business, to

#5. A professional painter should also be able to provide his own equipment and that includes ladders. Make sure that your contract with the painter stipulates

This means that under the company’s current policy, revenue is recognized too early, before delivery, while actual payment is not received until 30 days after customer acceptance or until the 90-day warranty period has ended. Furthermore, the 90 day warranty provision creates an uncertainty in the collectibility of sales proceeds.

First, the ethical dilemma itself will be outlined. In the construction industry, it is often necessary for an owner or a construction company to enlist the help of other smaller or more specialized companies in the completion of a project. This practice is known as contracting. When an owner or company, referred to as the contractor, wants to contract out for a job, they will list the job and interested companies will bid for the contract. When arriving at a bid amount, interested companies will estimate

Client and the contractor have same priorities. Basically, contractor will make the decision in turnkey approach and client will just accept in silent. In this project, the contractor and the client have the same focus and priorities therefore the relationship between the contractor and client is good and there is no overruns or communication problems between both sides.

For this assignment the writer is going to discuss the nature and types of construction contracts and will explain the legal responsibilities of the various parties involved in the design and the construction process.