Okay, well, I'll tell you what -- the contract seems pretty solid to me (and I'm ultra critical, when it comes to this stuff, so, maybe you ought to go to law school). Thoughts:1. You may want to add a mediation/arbitration clause, to avoid any expensive courtroom litigation. Example:
2. You may want to say something about how you will resolve the issue of your electrical contractors license being suspended or revoked. Example:
3. Thirty day notice of termination of the agreement seems pretty short. You could quit and leave the other party with a dozen different unfinished jobs, and no other contract may be willing to work for your price. Example:
4. The indemnification clause would cover the other party, assuming that you have sufficient resources to actually pay the indemnification costs. If I were on the other side, I would be looking for a blanket performance bond, or some other insurance that would cover my client against your default. Otherwise, once again, you could be leaving the party in the lurch. I don't know what the other party is looking for, but I see this as a potential point of dispute. Let me know what else I can do for you. Hope this helps.
I might have sent the wrong one
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