DIRECTIONS:All forms must be neatly hand-lettered or typed, unless otherwise specified by...

DIRECTIONS:

All forms must be neatly hand-lettered or typed, unless otherwise specified by your instructor.

Access and print the building contract on the Student CD. Complete the contract using this information:

•         Date: Today’s date

•         Name yourself as the contractor and your teacher as the owner. (Give complete first name, middle initial, and last name where names are required.)

•         ARTICLE I: Construction of approximate 2000-square-foot house to be located at 3456 Barrington Drive, your city and state. Also known as Lot 8, Block 2, Barrington Heights, your county and state.

•         Drawing and specifications prepared by you.

•         All said work to be done under the direction of you.

•         ARTICLE II: Commence work within 10 days and substantially complete on or before. (Give a date four months from the date of the contract.)

•         ARTICLE III: $88,500. Payable at the following times:

1.     One-third upon completion of the foundation.

2.     One-third upon completion of drywall.

3.     One-third 30 days after posting the completion notice.

•         ARTICLE X: Insurance $250,000; $500,000; and $50,000.

•         ARTICLE XVIII: Give the owner’s name, address, and phone number—a fictitious address and phone number may be used if preferred. Give your name and address as the contractor.

•         ARTICLE XX: This contract amount is valid for a period of 60 days. If, for reasons out of the contractor’s control, construction has not begun by the end of this 60-day period, contractor has the right to rebid and revise the contract.