Henson Concrete Construction consists of two men based out Tallapoosa in Georgia. The company has been in business for over twenty years, primarily performing decorative concrete work in the residential, commercial and industrial spaces. They are a proven money maker, generating over fifteen five hundred thousand dollars in revenue each year.
It is not surprising then that the company was recently involved in a legal squabble with an adjacent contractor. Both companies were not only at odds over the weather but also on who was responsible the small trinkets that were part of the project. Although Henson won the case, Henson did have to pay out-of-pocket expenses. The company's bottom lines suffered as a consequence. In fact, the project cost more than half of what was budgeted.
A recent study of the company revealed that it logged over fifty jobs in the past twelve months. It also had a remarkable record of 31 scalable initiatives. Some of these projects remain in the beginning stages while others have not yet been finished. While there hasn’t been much activity in this area due to the recession, it has not impacted the quality and standard of the company’s work. Due to the outstanding reputation of the company and the quality subcontractors it has hired, the company is now ranked in the top tier for small-to-mid-size contractors.
Henson fired a contractor in April this year. This was one of the most notable events. Davis Heating and Air paid the former employee as compensation for helping with the cleanup and also offered a discount for the new project.
FAQ
Do you know of any way I could prepare before I negotiate?
Yes!
There are many things you can do to prepare for negotiations.
One method is to simply write down the terms and conditions.
Is there a limit on the amount I can spend on this project?
No. Your SCA sets an upper limit on the total cost of the project. The contractor may be willing to negotiate a lower price.
What documents are required to apply for building permits?
Your SCA will not suffice. You must also provide evidence that:
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Visitors can park in the ample parking lot.
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They are also suitable for those who need to access them.
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All utilities are easily accessible.
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All works must comply with applicable planning regulations.
Is a guarantee a service contract?
A service agreement is not a warranty. A service contract is an agreement between two people to exchange goods or services. If the product does not work as promised, the customer agrees pay for repair or replacement. This contract is also called a maintenance contract.
Do I have to think about any additional factors?
Yes. You should check the laws in your area about the types of projects that you are permitted to undertake and the requirements you must meet. Some states require that you obtain council approval to build. Some states only require you to notify them about your plans. You can check with the local authorities for their views on this issue.
Statistics
- (3) The contracting officer may provide for a contract price adjustment based solely on a percentage rate determined by the contracting officer using a published economic indicator incorporated into the solicitation and resulting contract. (acquisition.gov)
- Depending on the client's trustworthiness and financial stability, a deposit is usually 10 to 50% of the total contract amount. (lawdepot.com)
- (v) Place or places of performance of the prime contract and first-tier subcontracts estimated at $10 million or more, if known. (acquisition.gov)
- Don't take their anger personally, they are mad about the situation 99% of the time. (activatemylicense.com)
- While we offer all our high-quality services at competitive prices, we know that many who need our services are on fixed incomes, so we offer a 10 percent discount for seniors and military members. (homeservicecontractorsinc.com)
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How To
How do you write a simple service agreement?
The contract should be written in simple English, using only short sentences and paragraphs. The contract should contain all pertinent information, including the amount of money that the customer will receive. At the end, the price should be clearly stated.
The language should be easily understood by all who read it, and should not include legal jargon.
Complex words like and' and ‘or’ should be avoided as they are hard to read. You should avoid technical terms unless absolutely necessary.
Use bullet points whenever possible to make the text easier to follow.
Avoid writing too much information into the contract.Write down only those things which are essential to both parties.
Try to avoid making promises or guarantees about the performance of the service.If you cannot deliver as promised, let the customer know immediately.
Be clear when the service will commence and end.
Make sure that the contract includes all the details of payment.This means that you must specify whether the customer pays before or after receiving the service.Also, ensure that the contract states who is liable for paying the invoice.For example, if the customer is liable for paying the bill, he/she should pay the invoice within 30 days of receiving it.
If the customer isn't responsible for paying the invoice, it is important that you receive payment in full from him/her before you start work. This will ensure that you don't lose money due to late payments.
All documents related to the contract should be kept in a backup. These documents must be securely stored.
Do not sign anything until you have carefully reviewed it.Do not sign blank forms.Do not sign anything without checking it first.
You should always ask permission from the customer before adding something to your contract.
Always remember to keep a copy of the contract for future reference.