1. PAYMENT AND FINANCIAL TERMS
1.1 Payment Terms
a. Contractor work is typically completed in phases, which may include:
i. Ground rough
ii. Wall rough
iii. Finish work
b. Unless otherwise agreed to in writing, payment shall be made as follows:
i. Thirty percent (30%) of the contract total upon completion of ground rough
ii. Fifty percent (50%) of the contract total upon completion of wall rough
iii. Remaining balance due upon completion of finish work
c. For projects with a contract value exceeding Thirty Thousand Dollars ($30,000):
i. A thirty percent (30%) deposit is due prior to commencement of work or upon delivery of materials, whichever occurs first
ii. Such deposit shall be applied toward the ground rough phase
d. Invoicing and payment conditions:
i. Invoices are due within thirty (30) days of delivery
ii. Invoices unpaid after thirty (30) days are subject to interest at one and one-half percent (1.5%) per 30 days (eighteen percent (18%) annually)
iii. Contractor reserves the right to suspend work, without penalty or schedule liability, if any invoice remains unpaid beyond thirty (30) days
e. Retainage:
i. If required, retainage shall be three percent (3%) of the contract total unless otherwise agreed in writing
ii. Retainage shall not exceed five percent (5%) under any circumstances
iii. Retainage shall be released upon final inspection or issuance of a certificate of occupancy, whichever occurs first
1.2 Change Orders
a. Any work requested or required that is not included in the original proposal shall be treated as a change order
b. Change orders shall be billed at current labor and material rates
2. SCOPE AND PRICING ASSUMPTIONS
2.1 Scope and Pricing Conditions
a. Pricing assumes existing plumbing systems are buried at appropriate depth to provide correct fall and grade; deviations may result in additional charges
b. Pricing requires full access to all construction areas, including the ability to open both sides of walls as needed; restricted or one-sided walls may incur additional labor charges
c. All faucets, fixtures, and trim shall be supplied by others unless otherwise noted
d. No cast iron piping is included unless specifically stated
e. Permits are excluded unless expressly listed in the proposal
f. Concrete removal or replacement, wall repairs, and fire-blocking or caulking shall be performed by others unless otherwise specified
g. Large appliances must be placed in final position by others prior to commencement of work
h. Engineered drawings are not included unless specifically stated
3. JOBSITE AND SCHEDULING CONDITIONS
3.1 Scheduling
a. Work shall be performed Monday through Friday between 7:00 AM and 4:00 PM, unless otherwise arranged in writing
3.2 Site Readiness
a. Work areas must be clear, accessible, and ready upon arrival
b. Delays caused by site inaccessibility or lack of readiness may result in additional labor charges
3.3 Material Delays and Supply Chain
a. Pricing and timelines are based on current material availability
b. Delays or cost increases due to supply chain disruptions or manufacturer availability are outside the contractor’s control and may result in adjusted pricing or scheduling
4. RISK ALLOCATION AND WARRANTY
4.1 Water Shutoff Notice
a. Shutting off and restoring water to an existing plumbing system carries inherent risk, including the dislodging of calcium or mineral deposits
b. While reasonable efforts will be made to avoid and correct such issues, repairs or replacement of affected existing equipment or piping shall be at the owner’s expense
4.2 Hidden Conditions
a. Contractor is not responsible for unforeseen or concealed conditions, including but not limited to:
i. Deteriorated piping
ii. Structural obstructions
iii. Mold, asbestos, or other hazardous materials
b. Additional costs related to such conditions shall be billed accordingly
4.3 Warranty
a. Contractor provides a one-year warranty on all labor and on parts supplied directly by the contractor
b. No warranty is provided on parts, fixtures, or equipment supplied by others
c. Warranty excludes issues arising from pre-existing conditions, misuse, or alterations performed by others
5. PROPOSAL VALIDITY
5.1 Validity Period
a. This proposal is valid for one hundred twenty (120) calendar days
b. If not accepted within this period, the contractor reserves the right to revise pricing and terms