Contractor Agreement Description & Requirements :-
~Contractor agreement is tailor made agreement that will fit into the specific requirement of both parties (awarder and awardee) generally the organization or a business concern is awarder and awardee is, the contractor, who receives the contract.
~The contractor is obligated to execute the project within a specific time frame with any delays and with no compromise in the quality of work.
~While the awarder needs to make periodic inspection and release the payment as per the agreement.
~The agreement is executed on E- Stamp paper and stands as reference to both parties in the event of deviation from the agreed upon norms of the contract.