The Contractor shall perform the following described work at Mrs Agatha Jordan Limlair, Carriacou, Grenada, West Indies (the “Property”), in accordance with Owner’s Contract plans and specifications, this Agreement and any Change Order, as defined herein, Renovation and installation of a Sheet rock ceiling (the “Work”).

2. LABOUR ONLY CONTRACT PRICE AND PAYMENTS

The Owner agrees to pay the Contractor total amount of EC$8500.00 (the “Contract Price”). Payment of this amount is subject to additions or deductions in accordance with any mutually agreed to changes and/or modifications in the work. Payment can be made by [cash/check/money order/credit or debit card/wire transfer/other]. Payment can also be made in installments upon completion of different milestones as agreed by both the Owner and the Contractor. The following schedule to be followed and checked by the contractors project manager and 3rd party agreed by the owner before making payments:

Payment on completion of stage one (1) 10% ($850.00)

Down payment

Payment on completion of stage two (2) 40% ($3400.00)

Installation of sheet rock, Boxing & taping for the Main House: Dinning/Sitting Room – Kitchen – Bedroom – Bathroom

Payment on completion of stage three (3) 40% ($3400.00)

Plaster and sanding of Main House: Dinning/Sitting Room – Kitchen – Bedroom – Bathroom – Cleanup and final inspection

3. MATERIALS

The Owner will provide and all materials necessary for the completion of the work. All materials shall be good quality and/or new, unless the Contract documents require or permit otherwise. The Contractor may substitute materials only with the prior written approval of the Owner.

4. SUPERVISION OF CONSTRUCTION

The Contractor shall be solely responsible for and shall supervise and direct all construction under this Contract. The Contractor shall provide competent and suitable personnel to perform the work and shall at all times maintain good discipline and order at the Property. The Contractor will at all times take all reasonable precautions for the safety of its employees and the public at the Property. The Contractor agrees to assume full responsibility for the acts, negligence, and/or omissions of its employees and any subcontractors and their employees.

7. UTILITIES

The Owner shall pay for all permanent electric, water, phone, cable, sewer and gas service as needed to perform the work. The Owner shall pay for the installation, connection and removal of all temporary utilities on the Property during the performance of the work. All temporary utilities shall confirm and adhere to the Applicable Laws.

8. INSPECTION

The Owner shall have a right to inspect the work at any time and request that the Contractor promptly correct any work that is defective or does not conform to the Contract Documents. If required, the work shall be inspected and certified by the appropriate state or local agency or health officer at each necessary stage.

9. RIGHT TO STOP WORK

If the Contractor fails to correct any defective work or repeatedly fails to perform the work in accordance with the Contract Documents, the Owner shall have the right to order the Contractor to stop performing the work, or any portion thereof, until the cause for such order is eliminated.

10. WORK CHANGES

The Owner reserves the right to order changes to the work in the nature of additions, deletions or modifications, without invalidating this Contract, and agrees to make corresponding adjustments in the Contract Price and Time of Termination if applicable. All changes will be authorized in a written “Change Order” signed by the Owner and the Contractor, which shall be incorporated by reference herein.

11. TIME IS OF THE ESSENCE

All times stated in this Contract or in the Contract Documents are of the Essence. The Contractor agrees that such times are reasonable for performing and completing the work.

12. EXTENSION OF TIME

The time stated in this Contract may be extended for such reasonable time as the Contractor may determine when performance of the work by the Contractor is delayed by a Change Order, labor disputes, fire, unusual delay in deliveries, abnormal adverse weather conditions, unavoidable casualties, or other causes beyond the Contractor’s control or which justify the delay.

13. EARLY TERMINATION FOR BREACH OF CONTRACT

1. Contractor’s Termination:

The Contractor may, on 14 days’ written notice to the Owner, terminate this Contract before the completion of the work when for a period of 14 days after a progress payment is due, through no fault of the Contractor, the Owner fails to make the payment. On such termination the Contractor may recover from the Owner payment for all work completed and for any loss sustained by the Contractor for materials, equipment, tools or machinery to the extent of actual loss thereon, plus loss of a reasonable profit.

2. Owner’s Termination:

The Owner may, on 14 days’ notice to the Contractor, terminate this Contract before the completion of the work, and without prejudice to any other remedy the Owner may have when the Contractor defaults in the performance of any provision of Contract, or fails to carry out performance of the work in accordance with the provisions of the Contract Documents.

3. Excess Payment:

• If the unpaid balance on the Contract Price at the time of the termination exceeds the expense of finishing the work, the Owner shall pay such excess to the Contractor.
• If the expense of finishing the work exceeds the unpaid balance of the Contract Price at the time of termination, the Contractor shall pay the difference to the Owner.

14. BINDING EFFECT

This Contract shall be binding and ensure to the benefit of the Parties and their respective legal representatives, heirs, administrators, executors, successors and permitted assigns.

15. GOVERNING LAW

This Contract and the rights and obligations of the Parties hereto shall be governed by and construed in accordance with the laws of Grenada, West Indies.

16. AMENDMENTS

This Contract may not be amended or modified except by a written agreement signed by all of the Parties.

17. ENTIRE AGREEMENT

This Contract contains the entire agreement between the Parties hereto with respect to the subject matter hereof, and supersedes all prior negotiations, understandings and agreements.