Access and print the building contract on the Student Companion Website. 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 2,000-square-foot house to be located at 3456 Barrington Drive,
y our 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 pe¬riod 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.
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