Henson Concrete Construction is a two man operation out of Tallapoosa, Georgia. The company has been in business for over twenty years, primarily performing decorative concrete work in the residential, commercial and industrial spaces. They have a track record of generating more than fifteen hundred thousand dollars annually and are a money-maker.
The company got into a legal dispute with an adjacent contractor, which is not surprising. The weather was not the only issue between the two companies. They also disagreed over who was responsible on the project's small trinkets. While the court ruled in Henson's favor, the company did incur the costs associated with out of pocket expenses. The company's bottom-line suffered. In reality, the project cost was more than half a million.
According to a recent company study, the company has logged more fifty jobs in the last twelve months. These include a staggering 31 scalable projects. Some of these projects are in their early stages, but others have not yet been completed. There has not been a flurry of activity in this area since the recession, but that has not diminished the quality of the company's work. Due to the outstanding reputation of the company and the quality subcontractors it has hired, the company is now ranked in the top tier for small-to-mid-size contractors.
One of the more notable incidents occurred in April of this year, when Henson fired a contractor. Davis Heating and Air paid the former employee as compensation for helping with the cleanup and also offered a discount for the new project.
FAQ
What is a Service Contract Agreement?
A Service Contract Agreement, or SCA, is an agreement between parties to offer services to one another. The SCA defines the services and determines how much effort and time should be spent on them. It also specifies who pays for them and when and where they should start. The SCA also describes what happens if either side violates its obligations.
Do I require a legal representative in order to sign my Service Agreements
No. You do not need to appoint a legal representative in order to sign your service agreements. A legal representative may be necessary to sign your service agreements.
A legal representative is someone who acts on behalf of another person. If you are a contractor, you may want to appoint someone who will represent you professionally.
This could include hiring a lawyer or accountant. Or it could simply mean appointing someone to look after your business interests.
In most cases, a legal representative is appointed by the client. Sometimes, however.
Legal representation in any case means that you are legally protected.
What does my SCA cover?
Your SCA will detail the scope of work, including the time it will take, how many materials are needed, what equipment is required, and whether special permits are necessary.
What is a Service Agreement?
A service contract template is a document that includes all details regarding a service agreement. This template can be used to create a standard service agreement.
Service agreements are vital because they determine the relationship between two individuals.
They help both parties understand each other's needs and expectations. They ensure both parties are fully informed about the terms of the agreement before they sign it.
Is There Any Way That I Can Prepare For Negotiation Beforehand?
Yes!
There are many ways to prepare yourself for negotiations.
One way is to make the terms and condition of the agreement.
Statistics
- (1) Ascertain the extent to that offers are based on the payment of overtime and shift premiums; and (2) Negotiate contract prices or estimated costs without these premiums or obtain the requirement from other sources. (acquisition.gov)
- Reasonable late fees go up to 25% per year on unpaid sums. (lawdepot.com)
- (d) Contractor disputes related to compliance with its obligation shall be handled according to the rules, regulations, and relevant orders of the Secretary of Labor (see 41 CFR60-1.1). (acquisition.gov)
- While we offer all our high-quality services at competitive prices, we know that many who need our services are on fixed incomes, so we offer a 10 percent discount for seniors and military members. (homeservicecontractorsinc.com)
- (v) Place or places of performance of the prime contract and first-tier subcontracts estimated at $10 million or more, if known. (acquisition.gov)
External Links
How To
How to Write A Good Service Agreement?
You must remember two things when writing a service agreement.
First, satisfy the customer's requirements.
You must also meet the legal requirements set forth by the seller.
It is important to ensure that you have the following items covered by your service agreement.
-
Identify the parties involved.
-
Define the subject matter of the agreement.
-
Please specify the term of the agreement.
-
Find out if you offer any warranties.
-
Describe the obligations and liabilities of both parties.
-
You must choose the payment method.
-
Clarify how disputes will be settled.
-
Include details of any special instructions or limitations.
-
Both parties must sign the contract.
-
Include a clause stating that the agreement has been read and understood before signing.
-
Make sure that you have a copy of the agreement with you.
-
Once you have written up your service agreement, make sure that you review it carefully before sending it off to the buyer.
-
If you find anything wrong with the agreement, contact your supplier immediately so they can fix it.
-
Send the revised version after everything has been fixed.
-
You should not sign an agreement until you receive confirmation from the buyer that they have accepted any changes.
-
Keep a copy and finalized copy of the original agreement.
-
In some countries, service providers are legally responsible for quality services to their customers.
-
Keep a record of all correspondence between the customer and you in case of dispute.
-
Seek professional guidance on how to best draft a service arrangement.
-
Remember that the buyer may ask for a change to the contract terms after agreeing to them.
-
Before you agree to any change, make sure you check that it is your decision.
-
Never accept a request for change without checking first.
-
If you do not want to accept the change, tell the customer why.
-
If they don't want to agree, let them know that it is unacceptable.
-
Refuse to sign the contract if the customer refuses to agree to your decision.
-
Once you have accepted the decision of the customer, you can then complete the contract.
-
You should agree to any changes to your contract terms.
-
Before you send the contract out, ensure you have thoroughly read it.
-
You should also check that it complies with the law.
-
After completing the contract, send it to the buyer so they can get started.
-
For future reference, make sure to keep a duplicate of the contract.
-
If you don't follow these simple rules, you could lose your money.
-
It takes little time to create a service agreement.
-
The more detailed, the better.