13 Sep Advance Procedure Agreement
An advance procedure agreement is a document that outlines the terms and conditions that must be met by a contractor prior to starting a job or project. This agreement is important because it helps to ensure that both parties are on the same page when it comes to expectations and requirements.
When creating an advance procedure agreement, it is important to be as detailed as possible. This includes outlining the scope of the project, the timeline for completion, the budget, and any other relevant details. By clearly laying out the expectations and requirements, both parties can refer back to the agreement in case of any disputes or misunderstandings.
Additionally, an advance procedure agreement should include provisions for change orders. Change orders refer to any changes made to the original scope of work. These changes may be necessary due to unforeseen circumstances or client requests. It is important to have a process in place for handling change orders so that both parties can stay on track and avoid any delays or issues.
Another important aspect of an advance procedure agreement is payment terms. The agreement should clearly outline when and how payment will be made. This includes the amount of the deposit, any progress payments that will be made throughout the project, and the final payment upon completion. By outlining these payment terms in advance, both parties can avoid any confusion or misunderstandings.
In conclusion, an advance procedure agreement is an important document that should be created for any project or job. It helps to ensure that both parties are on the same page when it comes to expectations and requirements, and can help to avoid any disputes or misunderstandings. When creating an advance procedure agreement, it is important to be as detailed as possible and include provisions for change orders and payment terms. By doing so, both parties can feel confident in their agreement and can focus on completing the project at hand.