0% found this document useful (0 votes)
210 views11 pages

Construction Agreement - Template

This document is a construction agreement between a Principal and Subcontractor. It outlines the following key points: 1) The Subcontractor will undertake and complete a construction project for the Principal according to agreed upon specifications within a specified timeframe. 2) The Subcontractor will provide all necessary labor, tools, materials, and supervision to faithfully complete the project. 3) The Principal will pay the Subcontractor a contract price upon full and faithful performance and completion of the project obligations. 4) The Subcontractor warrants that it is an independent contractor with substantial capital/investment and technical expertise to competently perform the work.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
210 views11 pages

Construction Agreement - Template

This document is a construction agreement between a Principal and Subcontractor. It outlines the following key points: 1) The Subcontractor will undertake and complete a construction project for the Principal according to agreed upon specifications within a specified timeframe. 2) The Subcontractor will provide all necessary labor, tools, materials, and supervision to faithfully complete the project. 3) The Principal will pay the Subcontractor a contract price upon full and faithful performance and completion of the project obligations. 4) The Subcontractor warrants that it is an independent contractor with substantial capital/investment and technical expertise to competently perform the work.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 11

CONSTRUCTION AGREEMENT

SO THE PUBLIC MAY KNOW:

This Construction Agreement (“Contract”) is entered into this ____________________ in


_______________________________ by and between:

____________________________, a corporation duly organized and


existing under and by virtue of the laws of the Philippines, with business address
at _____________________________, herein represented by its
________________, MR./MS. _______________________, hereinafter
referred to as “PRINCIPAL”;

- and -

____________________________, a corporation duly organized and existing


under and by virtue of the laws of the Philippines, with business address at
_____________________________, herein represented by its ________________,
MR./MS. _______________________, hereinafter referred to as
"SUBCONTRACTOR";

RECITALS:

WHEREAS, the PRINCIPAL is in need of


_________________________________________________ (the “PROJECT”);

WHEREAS, the SUBCONTRACTOR represents itself as a competent, responsible and


bona fide contractor which is legally permitted under the laws of the Philippines to do business,
and duly licensed under a valid and existing Certificate of Accreditation No. _________________
issued by the Philippine Contractors Accreditation Board (“PCAB”);

WHEREAS, the SUBCONTRACTOR has offered its service and expertise to perform or
complete the PROJECT for the PRINCIPAL and the latter has accepted the offer of the former;

NOW THEREFORE, for and in consideration of the foregoing premises, PRINCIPAL and
SUBCONTRACTOR, hereinafter collectively referred to as the “Parties,” agree to the following
terms and conditions:

1.0 DESCRIPTION OF THE JOB, WORK OR SERVICE

1.A SCOPE AND NATURE

The SUBCONTRACTOR shall undertake


__________________________________________.

The PROJECT shall consist of all the necessary works for its completion, all in
accordance with the designs, drawings and plans given by the PRINCIPAL and
SUBCONTRACTOR has agreed to implement the work through ___________________.

The SUBCONTRACTOR shall faithfully and completely furnish the _________________


in accordance with the agreed specifications which are clearly defined by the PRINCIPAL. All
the necessary labor, supervision and management, tools, supplies, materials, shall be in strict
compliance with the terms and conditions of the SUBCONTRACTOR as well as any and all
documents made a part hereof.

Page 1 of 11
The PRINCIPAL’s appointed project manager (hereinafter “PROJECT MANAGER”)
shall have the authority to act as specified under this SUBCONTRACTOR or as may be
specifically delegated by the PRINCIPAL from time to time and shall be recognized by the
SUBCONTRACTOR.

The PROJECT shall be commenced by the SUBCONTRACTOR on the date specified in


the Notice to Proceed to be issued by the PRINCIPAL.

1.B PLACE OF WORK

The SUBCONTRACTOR shall provide, perform or complete the PROJECT at


___________________________________________, including such other places as may be
designated by the PRINCIPAL.

1.C PERIOD

The SUBCONTRACTOR shall commence immediately upon signing hereof and shall
complete the PROJECT within _________________________________________ reckoned from
the date of notification by the PRINCIPAL of the Notice to Proceed, but not later than
_____________________________, unless sooner terminated, extended, or renewed by
mutual agreement of the parties.

Upon the end of the period, the SUBCONTRACTOR shall peacefully leave and vacate the
office, building and premises of the PRINCIPAL without any delay after obtaining the necessary
clearances from the PRINCIPAL.

I.D SUBCONTRACTOR DOCUMENTS

The following documents, which are marked hereto and made integral parts hereof,
shall, except as modified by mutual agreement of the Parties, form part to this Contract:

a) The signed Construction Agreement


b)
c)
d)
e)

1.E EXPECTED OR DESIRED RESULTS

The SUBCONTRACTOR shall provide prompt, efficient, trustworthy, expert, and reliable
services, which are the results expected or desired by the PRINCIPAL under this CONTRACT.

For this purpose, the SUBCONTRACTOR shall assign a supervisor to be present physically
at the construction area(s) to exercise control and supervision over its workers in accordance with
its own pace, work methods, and schedules and to enforce discipline in accordance with its own
rules and regulations, free from the control and direction of the PRINCIPAL in all matters
connected with the performance of the work, except as to the results thereof.

In case the SUBCONTRACTOR fails or refuses to meet the results expected or desired by
the PRINCIPAL, the PRINCIPAL may, at its option, elect to have the deficiencies removed or
have another execute the same, all at the cost of the SUBCONTRACTOR.

2.0 COMPLIANCE WITH LABOR STANDARDS AND OCCUPATIONAL HEALTH AND


SAFETY

The SUBCONTRACTOR shall pay its workers their wages including but not limited to the
mandated minimum wage, overtime pay, night shift differential pay, rest day pay, premium pay,
Page 2 of 11
holiday pay, etc., in accordance with the provisions of the Labor Code, and other employment
benefits under other labor laws, and labor-related special laws including social welfare legislations,
e.g. SSS, Philhealth, Pag-Ibig, ECC, assuming all obligations and responsibilities appurtenant
thereto, including assumption of liabilities. For this purpose, the SUBCONTRACTOR hereby
authorizes the PRINCIPAL to inspect, examine, and copy and reproduce, the employment
records of the SUBCONTRACTOR’s workers which under existing laws, must be kept and
maintained at the main office or branch where the SUBCONTRACTOR’s workers are regularly
assigned to work.

The SUBCONTRACTOR shall be fully responsible for the safety, protection, security and
convenience of its personnel, third parties and the public at large, as well as the works, equipment,
installation and the like to be affected by the PROJECT. The SUBCONTRACTOR shall further
ensure that all its personnel shall wear proper uniform and use personnel protective gear at all
times for safety purposes.

3.0 WARRANTIES OF THE SUBCONTRACTOR

3.A INDEPENDENT SUBCONTRACTOR

The SUBCONTRACTOR warrants and represents that it carries on a business distinct and
independent from the business of the PRINCIPAL, and undertakes to perform or complete the
specific and/or specialized job, work or service on its own account and under its own responsibility
according to its own manner and method, and free from the control and direction of the
PRINCIPAL in all matters connected with the performance of the work except as to the results
thereof.

3.B SUBSTANTIAL CAPITAL OR INVESTMENT

The SUBCONTRACTOR warrants that it has substantial capital or investment. For


avoidance of doubt, this means that the SUBCONTRACTOR has adequate resources that are
actually and directly used in the performance of its business or operations. Adequate resources
may come in the form of capital stocks and subscribed capitalization in the case of corporations,
tools, equipment, implements, machinery, uniforms, protective gear, or safety devices actually
used in the performance of the job, work or service contracted out. It likewise includes operating
costs, administrative costs such as training and overhead costs, and such expenses as are
necessary to enable the SUBCONTRACTOR to exercise control, supervision or direction over its
employees in all aspects of performing or completing the job, work or service contracted out.

3.C TECHNICAL CAPACITY

The SUBCONTRACTOR warrants that it has the expertise and technical know-how,
ability, experience and capacity to carry out promptly and efficiently the job, work or services
stipulated in this Contract.

The SUBCONTRACTOR also warrants that all construction works called for in this
Contract shall be carried out in a workmanlike manner and in conformity with sound
engineering practices. Any defect directly resulting from the SUBCONTRACTOR’s non-
compliance with its obligations shall be made good without any expense on the part of the
PRINCIPAL.

The defect liability period on all work performed on the PROJECT shall be for
________________________ from the acceptance by the PRINCIPAL and issuance of
Certificate of Completion. This period shall not prejudice the PRINCIPAL as to any and all
available rights and remedies afforded to it by governing law(s).

3.D CONTRACTING CAPACITY

Page 3 of 11
The SUBCONTRACTOR further warrants and represents that it is not a party to any
agreement restricting its ability to enter into this Contract, and that its performance of this
Contract does not require the consent of any third person or entity.

4.0 PAYMENT

4.A CONTRACT PRICE

The PRINCIPAL shall pay the SUBCONTRACTOR, in consideration of the full and
faithful performance and accomplishment of all the obligations specified in Article 1 above, which
the SUBCONTRACTOR agreed to undertake, perform and accomplish under this Contract, the
contract price of _____________________________________________________________,
[exclusive/inclusive] of VAT, and withholding tax (the “Total Contract Price”), the manner of
payment of which shall be in accordance with Article 4.B. This Total Contract Price is without
prejudice to any adjustments resulting from changes initiated or approved on the PROJECT by the
PRINCIPAL or any changes recommended by the SUBCONTRACTOR and duly approved by the
PRINCIPAL.

Under no condition shall the Total Contract Price be escalated due to an increase in cost,
including but not limited to the cost of labor, fuel, materials, equipment and other consumables
during the period of implementation. The Total Contract Price shall include all prerequisites and
ancillary services required for the due completion of the Construction, regardless of whether such
prerequisites or ancillary services are mentioned in the Contract documents or not.

4.B MANNER OF PAYMENT

The PRINCIPAL, upon written request from the SUBCONTRACTOR, shall make
advance payment to the SUBCONTRACTOR in the amount of
______________________________________________ to be made in [lump sum or
installments] after submission by SUBCONTRACTOR of the guarantee bond provided in Article
5.A.

Progress Payments will be once a month, equivalent to whatever accomplishment the


contractor may achieve as shown in the Monthly Physical Progress Report and Statement of
Work Accomplished.

Any Progress Payment shall be paid by the PRINCIPAL within 15 (fifteen) working days
from the receipt of the invoice and both parties signing on the progress report. Payments to be
made under this CONTRACT shall be in the form of cash, demand drafts, checks or other cash
equivalents, as may be agreed upon by the Parties.

After the whole of the PROJECT has been completed, the PROJECT MANAGER or the
PRINCIPAL’s representative, shall certify after inspection and recommend to the PRINCIPAL
the final acceptance thereof. Within a period of thirty (30) days after final acceptance by the
PRINCIPAL, the PRINCIPAL shall pay the SUBCONTRACTOR all amounts still due, less a
Retention Amount of __________________ of the total contract value.

The Retention Amount shall be withheld by the PRINCIPAL for a period of


__________________________ from the date the project has been handed over to
PRINCIPAL and shall be paid to the SUBCONTRACTOR, subject to the defect liability period
in the last paragraph of Article 3.C above.

The PRINCIPAL shall withhold the applicable withholding tax payable on each payment
and remit the amount withheld to the Bureau of Internal Revenue (BIR). The PRINCIPAL shall
furnish the SUBCONTRACTOR, within thirty (30) working days after demand, a ‘Certificate of
Final Tax Withheld’ or any equivalent BIR form as may be prescribed by proper authorities.

Page 4 of 11
The Documentary Stamp Tax, if any, and any other taxes, fees and charges, arising
from this Contract shall be for the account of the SUBCONTRACTOR.

4.C WITHHOLDING OF PAYMENT AND APPLICATION

The PRINCIPAL is authorized by the SUBCONTRACTOR to withhold any payment due


the latter and to apply such payment as settlement of an obligation but only to the extent of such
lawful claim, demand, debt or obligation, in any or all of the following instances: (i) in case of
breach by the SUBCONTRACTOR of any of its representation, warranty/ies, obligation/s to the
PRINCIPAL under this Contract; (ii) when the SUBCONTRACTOR owes the PRINCIPAL a sum
of money; (iii) when there is a lawful claim or demand made against the PRINCIPAL which will
make or hold the PRINCIPAL liable therein; and (iv) analogous causes, or such other causes as
may be authorized by existing laws.

4.D PAYMENT OF WAGES AND REMITTANCE FOR SSS/ECC/ PHILHEALTH/


PAG-IBIG CONTRIBUTIONS

The SUBCONTRACTOR is solely responsible for payment of salaries, wages, and all other
benefits and remunerations, required by and in accordance with existing laws, due to the
employees and/or personnel of the SUBCONTRACTOR.

The SUBCONTRACTOR shall directly remit to the appropriate government agencies the
prescribed monthly contributions, both its share, and that of its workers without any delay,
pursuant to and in accordance with the applicable social welfare laws, rules and regulations.

The SUBCONTRACTOR shall, at all times, stand solely liable and/or responsible for the
enforcement of and compliance with all existing laws, rules, and regulation in relation to its
employees, particularly with respect to the Labor Code of the Philippines and other Philippine
Labor and Social Legislation, and SUBCONTRACTOR agrees and binds itself to save, indemnify
and hold the PRINCIPAL free and harmless from any and all liabilities, and/or claims with respect
thereto and/or arising therefrom.

5.0 GUARANTEES AND INSURANCE

5.A BOND

The SUBCONTRACTOR shall, at its own expense, secure a Bond in an amount


equivalent to __________________________________________________________________
[this could also be a percentage of total contract price] to guarantee the return of the advance
payment made by the PRINCIPAL in case the SUBCONTRACTOR fails to complete ___ % of
the PROJECT to be delivered by the SUBCONTRACTOR to the PRINCIPAL prior to the
release of any Progress Payment.

5.B PERFORMANCE SECURITY

The SUBCONTRACTOR shall likewise, at its own expense, post and furnish the
PRINCIPAL a performance security in the form of Bank Guarantee amounting to 10% of the
Contract Price within three (3) working days from the signing of this Contract. The bank guarantee
shall answer for any monetary judgment, order or award due to violation of the prescribed
minimum wage, labor standards law or social welfare legislations, due to its employees. In case
the bond is not sufficient, the SUBCONTRACTOR shall likewise assume and pay the balance
thereof.

5.C INSURANCE LIABILITY

Page 5 of 11
The SUBCONTRACTOR shall also secure and submit to the PRINCIPAL a
SUBCONTRACTOR’S ALL RISK insurance for the PROJECT in the name of both the
PRINCIPAL and the SUBCONTRACTOR within fifteen (15) working days after the signing of
this Contract. The same shall be answerable against all loss or damage to the Construction from
any cause whatsoever including any injury or damage caused to third persons or properties.
The amount of insurance shall not be less than the total contract price and shall be in such
manner that both parties are covered under the insurance policy during the construction
completion and warranty period of the Construction.

6.0 PRE-TERMINATION

A. WITHOUT CAUSE. Either party may terminate this Contract without cause at
anytime before the end of the term by giving the other party a written notice of
termination at least ninety (90) days before the intended effectivity date.

B. WITH CAUSE. Either party may also terminate this Contract for a valid cause
without need of court action, effective upon written notice to the other party of such
termination with a right to claim damages and indemnity, if any, against the party at fault.
In the event of termination on the ground of an intervening “force majeure” (natural disaster, war,
etc.) recognized under governing law(s), each of the Party shall bear its own loss/es.

7.0 EFFECT OF TERMINATION UPON EFFECTIVITY

The SUBCONTRACTOR shall immediately stop, cease and desist from further
providing and performing, or completing its services to the PRINCIPAL, and peacefully
vacate the office, building and premises of the PRINCIPAL without any delay.

In any event of termination, SUBCONTRACTOR shall return to PRINCIPAL all property


in the possession of the SUBCONTRACTOR within seven (7) days from the effectivity of such
termination, without need of further demand.

8.0 DELAY AND EXTENSION OF TERM

If the SUBCONTRACTOR is prevented or delayed in the execution and in the course of


construction of the PROJECT for reasons beyond its control, the SUBCONTRACTOR shall apply
in writing for an extension of time. The following are considered reasons beyond the control of
the SUBCONTRACTOR:
i. Events occurring beyond the reasonable control of the SUBCONTRACTOR, as
determined by the PRINCIPAL.
ii. Suspension or stoppage ordered by the PRINCIPAL or its duly authorized
representative other than reasons attributable to the fault of the
SUBCONTRACTOR.
iii. Force majeure such as any event or circumstance (whether arising from natural
causes, human agency or otherwise) beyond the control of the
SUBCONTRACTOR, including (but without prejudice to the generality of the
foregoing) acts of God, acts of terrorism, civil commotion, flood, act of any
government or authority whether de facto or de jure, or war;

In any of the foregoing cases, period of completion may be extended for such time as
will compensate for the time lost due to the aforesaid causes.

It is understood by the parties herein that time is of the essence and therefore,
unjustified delays shall entitle the PRINCIPAL to exercise any of its rights granted herein or
under Philippine law.

Page 6 of 11
9.0 CHANGE ORDERS AND/ OR ADDITIONAL WORKS

The PRINCIPAL may, at anytime, by a written order, make deviations and/or


alterations on the plans and specifications or require additions to the scope of work required
under this Contract. The SUBCONTRACTOR agrees to follow all such deviation and/or
alterations and the provisions of this Contract shall apply to all such changes with the same
force and effect as if they were embodied in the original plans and specifications. The
SUBCONTRACTOR, once given such a written change order, shall immediately study the effect
of such change order on costs and shall inform the PRINCIPAL in writing of any such increase
in costs. The PRINCIPAL shall conform to such increase in costs in writing prior to
SUBCONTRACTOR beginning such work.

If any such changes or additions cause an increase or decrease in the amount of work
or time required for the performance of this CONTRACT, an equivalent adjustment shall be
made in the total contract cost to be agreed upon by the Parties in writing.

10.0 DISPUTE AND ARBITRATION

In the event of any dispute or action between the parties hereto as to any matter arising
out of, or relating to this CONTRACT or any stipulations herein, or with respect hereto which
cannot be amicably settled by the parties themselves, the issue shall be referred to the
Construction Industry Arbitration Commission (“CIAC”).

The decision, however, of such Commission shall not preclude the parties from
ventilating the dispute before the appropriate courts of justice and in such event, the
PRINCIPAL and SUBCONTRACTOR agrees that any court action shall be commenced and
tried only and exclusively in the proper courts of _______________________, to the exclusion
of all other courts.

11.0 LIABILITY

The SUBCONTRACTOR shall hold the PRINCIPAL free and harmless from any claim or
demand, or any obligation or liability it may incur in carrying out this Contract, regardless of its
nature and source whatsoever.

The SUBCONTRACTOR shall further hold the PRINCIPAL free and harmless from any
claim or demand which may be filed, including any judgment or award obtained by its workers
against the PRINCIPAL by reason of their employment, or assignment under this Contract
involving but not limited to violation of the Labor Code, and other labor laws, decree, order, rules
and regulations, which are now in effect or which may hereafter be enacted, the intent and
purpose being to absolve, free and discharge the PRINCIPAL absolutely and unconditionally from
any and all such claim, or demand.

In case a labor inspection is made at the premises of the PRINCIPAL where violations of
labor laws, standards and social legislations are found, the SUBCONTRACTOR shall defend the
PRINCIPAL in such complaint or proceeding all at its own expense, further indemnifying the
PRINCIPAL for any damages including such expenses it may incur therein such as lawyer's fees
and litigation expenses, the intent and purpose being to absolve, free and discharge the
PRINCIPAL absolutely and unconditionally from any and all liability, claim, or demand.

Finally, any and all expenses incurred by the PRINCIPAL in prosecuting and/or
enforcing a claim against the SUBCONTRACTOR, including litigation and attorney’s fees,
or defending its right or interest under this Contract from the latter or any third person,
shall be for the sole and exclusive account of the SUBCONTRACTOR, the intent and purpose
Page 7 of 11
being to absolve, free and discharge the PRINCIPAL absolutely and unconditionally from
incurring such expenses.

12.0 INDEMNIFICATION

The SUBCONTRACTOR shall be liable and indemnify the PRINCIPAL in full for any and
all loss, damage or injury to the latter's property, and that of its officers and employees, or to any
bodily injury including death of any person, if, upon and after proper investigation by the
PRINCIPAL, the loss, damage or injury or death was due to the willful or negligent act or
omission of the officers, employees and workers of the SUBCONTRACTOR. These acts shall
include but not be limited to theft, robbery, damage to property, physical injuries, and other
felonious and unlawful acts. The liability shall likewise include indemnification for all consequential
losses and damages.

13.0 DAMAGES

In the event that the SUBCONTRACTOR refuses or fails to complete the PROJECT
within the time specified herein or within the validity of extensions that may be granted by the
PRINCIPAL, if any, the PRINCIPAL is hereby authorized to deduct actual and liquidated
damages from any amount due or which may hereafter become due to the SUBCONTRACTOR
as its fee under this Contract, or require SUBCONTRACTOR to pay for such amounts.

The liquidated damages shall be equivalent to _______________ percent (_____%) of


the total contract amount for each calendar day of delay until the PROJECT is completed,
whether by SUBCONTRACTOR or by third party.

The payment and acceptance of liquidated damages shall not be construed as a waiver
on the part of the PRINCIPAL of its rights under this Contract or pertinent laws on the matter
by reason of the refusal or failure of the SUBCONTRACTOR to complete the PROJECT within
the time frame specified in the Contract.

14.0 LICENSES/PERMITS/FEES AND COMPLIANCE WITH OTHER LAWS, AND


GOVERNMENT POLICIES, RULES, AND REGULATIONS

The SUBCONTRACTOR warrants that it has all the licenses, clearances, or permits from
the appropriate government agencies and local government units, including the private
owners/entities where it will operate, and that it is fully compliant with all government laws,
decrees, rules and requirements necessary to lawfully operate its business and to provide, perform
and complete the job, work or services stipulated herein.

The SUBCONTRACTOR agrees to Child Protection and resolves to require the same
compliance from its employees and/or personnel. SUBCONTRACTOR undertakes to denounce
and refrain from hiring of children.

The SUBCONTRACTOR warrants and agrees that it has complied and will comply with
all applicable laws. The SUBCONTRACTOR agrees to indemnify the PRINCIPAL and save the
PRINCIPAL harmless from any claims, losses, damages, costs and legal expenses (including
but not limited to attorneys’ fees), resulting from the SUBCONTRACTOR’s failure to comply
with the foregoing, and in the event of such failure, the PRINCIPAL may, in addition to all
other rights and remedies the PRINCIPAL may have pursuant to this Contract or otherwise, in
law or in equity, immediately cancel this Contract.

15.0 INTELLECTUAL PROPERTY AND NON-DISCLOSURE

Page 8 of 11
SUBCONTRACTOR agrees and confirms that all materials, reports, information,
documentation, inventions or other work products (“Intellectual Properties”) which the
SUBCONTRACTOR may generate in the course and scope of its performance of services under
this Contract are the property of the PRINCIPAL, and hereby assigns all rights, title and interest
in and to such Intellectual Properties to the PRINCIPAL. The SUBCONTRACTOR undertakes to
sign a waiver of authorship of final output in favor of the PRINCIPAL.

Any other data and information learned or acquired by the SUBCONTRACTOR in


connection with or relative to the business operations or activities of the PRINCIPAL, its
trademarks, brand names, trade or business secrets, or processes, accounting and
financial records, and security details are considered the exclusive proprietary information
of the PRINCIPAL and shall remain confidential perpetually, and not to be disclosed in
any manner to any person not a party to this Contract.

16.0 ASSIGNMENT AND SUB-CONTRACTING

The SUBCONTRACTOR is prohibited from assigning or transferring this Contract,


and any interest or rights it may have to another person or entity, without the prior
written approval of the PRINCIPAL.

The SUBCONTRACTOR is likewise expressly prohibited and disallowed from sub-


contracting the job, work, or service covered by this Contract without the prior written
approval of the PRINCIPAL.

17.0 MISCELLANEOUS PROVISIONS

i) Governing Laws. This Contract is governed by and is to be construed in accordance with


the laws of the Philippines.
ii) Notices. Any notice that is required to be issued by one party to the other shall be
issued and sent to each of the Parties at their addresses as indicated herein.
iii) Headings. The insertion of headings and the division of this Contract into sections are
for convenience only and shall not affect the interpretation hereof.
iv) Severability. If any part, term or provision of this Contract shall become invalid or
unenforceable, the validity or enforceability of the remaining portions or provisions shall
not be affected, and the rights and obligations of the Parties shall be construed as if
this Contract did not contain the particular invalid or unenforceable part, term or
provision.
v) Waivers. The waiver by either party of any breach of any term, covenant or condition
contained herein shall not be deemed a waiver of any other breach of the same or any
other term, covenant or condition hereof.
vi) Complete Agreement. This Contract including the attachments hereto constitute the
complete agreement of the parties relating to the matters specified in this Contract and
supersede all prior and contemporaneous representations or agreements with respect to
such matters. No oral modifications or waiver of any of the provisions of this Contract
shall be binding on either Party.

IN WITNESS WHEREOF, the Parties hereto duly execute this Contract and affix their
signatures this ______________________________ at _______________________________.

PRINCIPAL SUBCONTRACTOR

NAME NAME
Position Position
Page 9 of 11
SIGNED IN THE PRESENCE OF:

___________________________ __________________________________

Page 10 of 11
ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )


_____________________ ) S.S.

BEFORE ME, a Notary Public for and in ________________________, this


________________________, personally appeared the following persons with the following
competent identification:

(Name of SUBCONTRACTOR’S Representative) _______ No. ____________


Issued On: ___________
By:

(Name of PRINCIPAL’S Representative) _______. No. ____________


Issued On: ___________
By:

known to me to be the same persons who executed the foregoing instrument and
acknowledged to me that the same is their own free and voluntary acts and deeds and that of
the corporations herein represented.

This instrument consists of _____ pages including this page on which the
acknowledgment is written and has been signed by the parties herein and their witnesses, and
sealed with my notarial seal.

WITNESS MY HAND AND NOTARIAL SEAL on the date and at the place
hereinabove written.

Doc. No. _______;


Page No. _______;
Book No. _______;
Series of 2022.

Page 11 of 11

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy