It happens to the best of us. And while it pulls you to mind, there`s not much you can do about unpredictability. But you can at least be prepared for whatever can happen and set yourself up for success. Free your mind from worrying about hypothetical questions and focus on what`s important. These industry standard legal arrangements can be used internationally, so you can be prepared for whatever comes your way. All of our legal kits have been created and are maintained by a team of estate planning lawyers. Each kit includes a detailed overview of the topic, as well as a clear set of easy-to-understand instructions for completing and executing the attached forms. By using the sample forms and information on this website, you agree to the terms of use of this website and understand and agree that we do not provide you with any legal advice. The Contractor`s Legal Kit, LLC, seller of the Entrepreneur Legal Kit, is not a law firm and, therefore, we cannot and will not provide you with legal advice of any kind when you access this website and/or purchase the Contractor Legal Kit forms. Use of the form templates on this website does not constitute the establishment of any type of attorney/client relationship between you and us or anyone associated with this website in any way. Only the original purchaser of the Contractor`s Legal Kit forms has a limited license to modify, edit, print and use the forms on this website.

Please read the editable template forms carefully, fill them out, edit them, remove, add a language, and revise portions of the editable form templates to suit your specific needs and state laws with the guidance of your own local attorney. By downloading forms from this website, you understand and agree that all sales are final and that the Company does not offer any money-back guarantee. You understand and agree that under no circumstances will you be entitled to a refund for any purchase. Quote/Proposal: The quote/proposal template can be used with owners who want a written estimate, but aren`t entirely sure if it`s worth taking the time to complete a contract. There is no signature line for the owner to sign the offer/offer, and this is not provided for, nor is there a binding written contract per se. However, once the owner tells the contractor that they want the contractor to do the work, the contractor can choose the appropriate fixed/fixed price contract form to fill out and remit to the owner. Contract/Quote: The contract/quote template is the shortest agreement in the contractor`s legal package and can be a suitable template for small projects. It addresses some of the risks entrepreneurs face.

It can be used as a fixed fee agreement or modified to be used as a time and material agreement. Simplified Fixed Price Contract: The Fixed Price/Fixed Rate Abbreviated Agreement Model may be suitable for small contractor projects where the work is performed by the contractor on a fixed/lump sum basis. Long fixed price contract: The long fixed/lump sum agreement model is better suited for use on larger projects. It includes additional wording to identify many of the risks a contractor faces on larger projects (renovation and new construction) and clarifies how to deal with many variables that can and sometimes occur on larger projects where work is done on a fixed/lump sum basis by the contractor. Cost plus percentage fee agreement: The cost plus percentage agreement template (also known as a time and materials contract) provides the owner with the option to pay only for the contractually defined “labor cost” plus a contractor`s fees calculated as a percentage of the actual direct labor costs defined contractually set. This percentage varies, but is usually between 10% and 35%, depending on the size of the work, the overhead of your business, the number of other contractors offering the project, and the amount the contractor wants for the work. Cost-plus agreement: The cost-plus agreement model gives the owner the option to pay only the actual “cost of labour” plus a fixed fee that covers the contractor`s profits and overhead.