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CONTRACT FOR BUILDING RESIDENTIAL HOUSE

CONTRACTOR SUPPLYING MATERIALS

This agreement made in Baguio City, Philippines, this ____ th day of February,
2000, between __________ hereinafter called the Contractor, and __________________,
hereinafter the Owner,

Witnesseth that the parties have agreed to the following:

1. The Contractor shall erect and build in a workmanlike manner and to the best
of his ability, a residential house upon a lot situated at No.
__________________, Street, _________, Philippines, in accordance with the
plans and specifications signed by both parties and hereto annexed.

2. That the aforementioned work and construction shall be subject to the


directions of ________, architect (or, supervisor), who shall supervise and
certify the work hereby agreed to be done. The plans and specifications shall
remain the property of the owner.

3. The Contractor shall complete said house as per plans and specifications and
fit for occupation, and remove all surplus materials, and rubbish from the
premises on or before the ______ day of _________, 2000, unless prevented
by strikes, accidents, weather, or other unforeseen and unavoidable cause, in
which case the architect (or, supervisor), shall have power to extend the time
and shall certify accordingly.

4. The Contractor shall provide all the materials and perform all the works
mentioned and shown in said specifications and plans, and shall provide all
scaffolding, temporary sheds, and appliances necessary for the performance of
said work. The Contractor shall also supply capable and experienced artisans,
workmen, and foreman to carry out the work.

5. The Contractor shall give all necessary notices to and obtain the necessary
permits and sanction of the proper authorities in respect of said work, and
generally comply with the building and other regulations of such authorities,
and shall keep the owner indemnified against all fines, penalties, and losses
incurred by reason of any breach of this stipulation.

6. The Contractor, upon receiving written notice from the architect (or,
supervisor) to that effect, shall remove all material brought upon the premises
of which the architect (or, supervisor) disapproves, and shall take down and
remove any part of the building to the architect’s (or, supervisor’s)
satisfaction, and no certificate given by the architect (or, supervisor) under
clause 8 hereof shall discharge the Contractor from liability under this clause.

7. If the Owner shall upon written order signed by the architect (or, supervisor)
require any deviation from said plans and specifications or any additional or
other work to be done that as described therein, or any work therein described
to be omitted, the Contractor will carry out such requirement and perform the
additional other work in a substantial and workmanlike manner within the
time prescribed by and to the satisfaction of the architect (or, supervisor), who
shall compute and certify the value of such additional or other work and of
work omitted as soon as practicable, and the amount so ascertained shall be
added or deducted from contract price.
8. The Owner shall pay to the Contractor in respect of said work and materials
the sum of __________(P_____), subject to additions and/or deductions as
hereinbefore provided, by installments as follows:
P____________-so soon as the architect (or, supervisor) shall certify that said
house has been duly carried up to the first floor joist;
P____________-so soon as he shall have certified that said house is duly roofed
in and covered;
P____________-so soon as he shall have certified that said house has been duly
finished in all respects according to this contract, and executed
an affidavit that the wages of the laborers employed by him have
been duly paid.
______________
P_____________-TOTAL

9. If the Contractor shall in any manner neglect or fail to perform any agreement
herein on his part to be performed, the owner shall give written notice to the
contractor to proceed with such work and to perform such agreement, and, if
he shall fail to do so accordingly within _____ days from receipt thereof, and
the architect (or, supervisor) shall certify that such failure is a sufficient
ground for such action, it shall be lawful for the owner to enter upon the
premises and to complete or to employ any other contractor or person to
complete the work comprehended under this contract, and to use or authorize
such other contractor or person to use therefor any tools, materials, and
property of the contractor upon the premises; and in such case the contractor
shall receive no further payment under this contract unless the amount of the
contract price remaining unpaid shall exceed the expenses incurred by the
owner in completing said work plus any damage incurred by the owner by
reason of the contractor’s default, in which event the contractor shall be
entitled upon such completion to receive payment of the amount of such
excess, but, if he expense so incurred by the owner together with any such
damage incurred by him, shall exceed such amount of the contract price
remaining unpaid, the contractor shall pay the amount of such excess to the
owner, the amount in either case to be computed and certified by the architect
(or, supervisor).

10. Any dispute or difference arising this contract shall be determined by the
architect (or, supervisor) whose decision shall be binding and conclusive upon
both said parties, except that in case a dispute as to the value of additional or
other work or of work omitted provided for in paragraph 7, or of the amount
of the payments to be made by either party to the other provided for in
paragraph 9, either party may appeal from the architect (or, supervisor’s)
decision in the following manner, viz: Either party desiring to arbitrate shall
serve a notice on the other party, stating his grievance and desire to arbitrate,
and naming a person to act as arbitrator, and those two shall select a third, and
the decision of any two shall be binding and conclusive on both the parties
hereto.

11. The Contractor shall at all times during the progress of the work keep the
building in course of erection insured in the full value thereof from loss or
damage by fire, lightning, earthquake, cyclone, or other casualty, and shall on
request produce to the owner all policies and receipts for premiums.

12. The Contractor shall furnish to the owner a good and sufficient bond, with a
surety or sureties to be approved by the owner, in the sum of _____________
(P_______), conditioned that the contractor shall well and truly perform the
agreements and terms of this contract on his part required to be performed.
IN WITNESS WHEREOF, I have hereunto set my hand this ____ th day of
February 2000.

____________________ ________________________
LESSOR LESSEE
ID No.____________ ID No._________________
Issued on ___________ Issued on ________________
Issued at ___________ Issued at _____________

SIGNED IN THE PRESENCE OF:


_____________________________WITNESS__________________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES)


)SS.
DONE: IN THE CITY OF BAGUIO)

BEFORE ME, a Notary Public for and in the ________ personally appeared the
parties with their ___________________ indicated above and known to me and to be the
same persons who executed the foregoing instrument and acknowledged to me that the
same is their free act and deed.

WITNESS MY HAND AND SEAL.

Notary Public

Doc. No. ______;


Page No. ______;
Book No. XXXII;
Series of 2000.

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