4614 COLBY AVE 2025-09-09 - Laserfiche WebLink

Docusign Envelope ID:24F4D92F-AOF1-464F-B60B-F16AO31867A7 LEGAL TERMS SECTION 1 -NOTICE TO THE CUSTOMER:Current Washington law requires that this notice be provided on certain construction projects. This notice is not a reflection upon the abilities or credit of the Contractor. If you are dealing with a lending institution,ask your loan officer what procedure the institution follows to verify that Subcontractors and material suppliers are being paid when either you or your lender pays money to the Contractor.You may want to request lender supervision when dealing with lending institutions that provide interim or construction financing.See RCW 60.04.221 .You may ask the Contractor to disclose all potential lien claimants as a condition of payment. You or your lender can,instead of making progress payments only to the Contractor, make agreed upon number of jointly payable payments to the Contractor and various Subcontractors and/or suppliers as work progresses.There may be an additional cost from your lender for this additional service. For an additional cost,you may request the Contractor to post a Performance Bond.This will give you recourse in the event that the Contractor fails to properly complete its obligations pursuant to this Agreement.This will increase price to the Customer of the construction project. SECTION 2-DISCLOSURE STATEMENT:ELITE ROOFING&REMODEL,is registered with the state of Washington,registration number ELITERR892CA, and has posted with the state a bond or deposit of$12,000.00 for the purpose of satisfying the claims against the contractor for breach of contract including negligent or improper work in the conduct of the contractor's business.The expiration date of the contractor's registration is July of each year.THIS BOND OR DEPOSIT MIGHT NOT BE SUFFICIENT TO COVER A CLAIM THAT MIGHT ARISE FROM THE WORK DONE UNDER YOUR CONTRACT.This bond or deposit is not for your exclusive use because it covers all work performed by this contractor.The bond or deposit is intended to pay valid claims up to $12,000.00 that you and other customers, suppliers,subcontractors,or tax authorities may have.FOR GREATER PROTECTION YOU MAY WITHHOLD A PERCENTAGE OF YOUR CONTRACT.You may withhold a contractually defined percentage of your construction contract as retainage for a stated period of time to provide protection to you and help insure that your project will be completed as required by your contract.YOUR PROPERTY MAY BE LIENED.If a supplier of materials used in your construction project or an employee or subcontractor of your contractor or subcontractors is not paid,your property may be liened to force payment and you could pay twice for the same work.FOR ADDITIONAL PROTECTION YOU MAY REQUEST THE CONTRACTOR TO PROVIDE YOU WITH ORIGINAL"LIEN RELEASE"DOCUMENTS FROM EACH SUPPLIER OR SUBCONTRACTOR AT YOUR PROJECT.The contractor is required to provide you with further information about lien release documents if you request them.General information is also available from the state Department of Labor and Industries,telephone number 1-800-647- 0982 or 360-902-5226,or online at www.Ini.wa.gov/scs/contractors/and look in the left margin for the option:Find A Contractor. SECTION 3-CHANGES IN THE WORK:The Customer may request changes or modification in the scope of the Contractor's work.These requests may be identified and agreed upon orally or in writing.If agreed upon in writing,such changes or modification shall be identified and agreed upon in a written change order prepared by the Contractor and signed by both parties. Unless otherwise agreed by written change order,all changes and modifications ordered by the Customer shall by billed by Contractor and paid by Customer as provided in this Section 3.Payment for all changed and modified work shall be at the time of the next progress billing. Labor will be billed and paid at the following rates:Superintendent$60.00 per hour; Roofers$50.00 per hour;Carpenters $60.00 per hour;Other labor at$45.00 per hour.All labor rates may be substantially more or less than the actual cost of labor to the Contractor and include Contractor's labor burden,direct and indirect overhead,and profit.All materials,equipment,subcontractors,fees,permits,and other direct costs will be charged at list price plus 20% Contractors fee.Customer shall be responsible for all Washington State sales tax on Contractor's invoices.Any professional fees,costs,or studies requested by the Customer or required by governement officials will be paid by the Customer. SECTION 4-CORRECTION OR COMPLETION OF THE WORK:After the work is ready for the Customer's use or occupance,the Contractor and Customer shall jointly inspect the work and a single list shall be prepared identifying all work to be completed or corrected.There shall be only one such written list of work identified to be incomplete or incorrect,and the list shall be signed by the Customer and given to the Contractor.The Contractor shall then expeditiously complete all work stated on the list of which the Contractor is responsible under the terms of this Agreement.The Customer shall not contract with any alternative Contractor for the performance of the completion of the work within the scope of this Agreement,nor shall the Customer claim a credit or back charge for the cost of completing any items stated on the written punch list nor shall the Customer occupy or use the Contractor's work until and unless the contractor shall have first been given reasonable notice and the opportunity to correct the work stated on the punch list referred to above.If the Customer does contract with an alternative contractor to perform the pickup work or otherwise complete the project without first affording the above described opportunity to the Contractor to do so,or if the Customer com menses to use or occupy the space or work on which the Contractor performed work,the Customer then agrees to accept all work"as is"and thereby waives any claim against the contractor under the terms of this Agreement,including warranty claims. Upon the Contractor's completion or correction of the work identified on the single written punch list,any retainage or amount withheld from final payment shall be paid within the next fourteen(14)days to the Contractor. Continued on page 4 DS Initial page 2