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Checklist When Contracting for Services Hello again. I hope your day is going well for you. More on service contracting. This post began a couple of says ago. This will be the last one for this topic. Read on: It is wise to require: References from other companies that have used the contractor and will comment on the quality of contract performance. Certificates of insurance demonstrating that the contractor has adequate liability and other coverage for its employees. Copies of required licenses for performance of certain services. Appropriate warranty or guarantee on the quality of the work. Clear payment schedule including possible retainage (holding back of a portion of payments) pending satisfactory completion of a project. Proposals for services usually are presented and detailed on standard forms designed by the contractor. It is wise to have your legal counsel review the terms of the documents before you sign them, to avoid any misunderstanding of your obligations. Such a review also may suggest amendments benefiting you that are also acceptable to the contractor. I hope you've enjoyed this series of posts so far. See you back here at the blog. Suzie Consumers information? See the Shoppers Guides - Useful Information Posted: Saturday 7th May 2005, 1:54 AM

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