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Electrical Contract Mobile App

The Electrical Contract mobile app is a model document for use in renovation or new construction loan transactions. This app is provided as an example and is not valid and enforceable in all jurisdictions. Lenders should consult with legal counsel to ensure that all renovation or construction mortgages are appropriate, and that all legal instruments are completed correctly and in compliance with applicable law. This app is intended for electrical contracts and can be easily modified and edited if needed by the lender or the electrical contractor.

  • Lendlease
  • The Cooperative
  • PG&E
  • oxy
  • Red Bull
  • Mirvac

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Take a peek inside the Electrical Contract Mobile App

Included Features

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Included Fields

Customize to add, remove, or edit any of the fields below.

  • Ico textbox

    Case Number:

  • Ico date

    Date:

  • Ico textbox

    Borrower Name(s):

  • Ico textbox

    Phone #:

  • Ico statictext

    THIS IS A MODEL DOCUMENT FOR USE IN RENOVATION OR CONSTRUCTION LOAN TRANSACTIONS.

  • Ico date

    THIS CONSTRUCTION CONTRACT (“Contract”) dated as of

  • Ico textbox

    by and between (“Owner”) and

  • Ico textbox

    (“Contractor”).

  • Ico statictext

    Owner and Contractor, in consideration of the mutual covenants hereinafter set forth, agree as fo...

  • Ico multiline

    Contractor shall construct the items identified in Exhibit “A” (“Work”) in accordance with the Co...

  • Ico date

    The Work will be completed on or before (“Completion Date”),

  • Ico statictext

    subject to modifications in approved Change Orders.

  • Ico decimal

    Owner shall pay to Contractor an amount equal to $ (“Contract Price”) for completion of the Work.

  • Ico textbox

    Any increase or decrease in the Contract Price, change in the Work or change in the Contract Time...

  • Ico integer

    l.

  • Ico integer

    Within (calendar days)

  • Ico decimal

    after a Request for Advance is presented, Owner shall notify Contractor if Owner has any concerns...

  • Ico integer

    of the full amount covered bythe Request for Advance within (calendar days)

  • Ico decimal

    from the day it was presented while retaining percent ( %)

  • Ico statictext

    thereof (“Holdback”) to be paid simultaneously with the final payment.

  • Ico statictext

    Final Payment.

  • Ico statictext

    a.

  • Ico statictext

    b.

  • Ico statictext

    c.

  • Ico decimal

    Payments due and unpaid to Contractor shall bear interest at the rate of the lower of percent (%)

  • Ico statictext

    per annum or the maximum rate allowed by law at the place of the Work.

  • Ico statictext

    In order to induce Owner to enter into this Contract, Contractor makes the following representation:

  • Ico statictext

    Contractor has familiarized itself with the nature and extent of the Contract Documents, Work sit...

  • ...and More!

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