The following terms of business apply to all contracts between SRX and the addressed. Acceptance of this proposal and commencement of the project will be taken as acceptance of the following terms of business, unless otherwise agreed in writing before commencement of the project, this does not include any wording or terms set out in any sub contract or purchase orders from the client and these terms will supersede all other terms and prevail in the event of any disputes.

  1. Scope of Work:
    Clearly define the scope of work that your construction company will provide. Specify the services, materials, and equipment that will be included in the project. Provide detailed descriptions of the tasks, timelines, and deliverables.
  2. Pricing and Payment Terms:
    Outline your pricing structure, including the cost of labor, materials, and any additional charges. Specify the payment terms, such as the schedule of payments, due dates, and accepted forms of payment. Include information about late payment penalties or interest charges for overdue payments.
  3. Change Orders:
    Address the process for change orders, which occur when there are modifications to the original scope of work. Specify how change orders will be requested, approved, and priced. Clearly state that any changes must be documented and signed by both parties before implementation.
  4. Permits and Approvals:
    Clarify who is responsible for obtaining necessary permits, licenses, and approvals for the construction project. Specify any associated costs and requirements. Clearly state that the client is responsible for providing accurate and timely information required for permit applications.
  5. Project Timeline and Delays:
    Include a projected timeline for the construction project, outlining key milestones and completion dates. Address potential delays and the process for handling them. Specify any liquidated damages or penalties for delays caused by the construction company.
  6. Warranty and Liability:
    State the warranty period for your construction work and any limitations or exclusions. Specify the process for addressing warranty claims and the responsibilities of both parties. Clarify the extent of your liability and any limitations on liability for damages or losses.
  7. Insurance and Indemnification:
    Require the client to provide proof of insurance coverage for the construction project, including general liability insurance. Specify that the construction company should be named as an additional insured party. Clarify the responsibilities for indemnification in case of claims or damages.
  8. Termination and Dispute Resolution:
    Outline the conditions under which either party can terminate the contract. Specify the notice period required for termination and any associated penalties or obligations. Include a clause for dispute resolution, such as mediation or arbitration, to resolve conflicts outside of court.
  9. Intellectual Property Rights:
    Specify ownership and usage rights for any intellectual property developed during the project, such as design plans or proprietary construction methods. Clearly state that all intellectual property rights belong to the construction company unless otherwise agreed in writing.
  10. Governing Law and Jurisdiction:
    Specify the governing law that will apply to the contract and the jurisdiction where any disputes will be resolved. Include a choice of law and forum clause to establish the applicable legal framework.