This section is a provision that allows a client to halt payments temporarily. It ensures that the contractor delivers work of the agreed-upon quality and standards. It enables clients to control payments to motivate the contractor to fulfill their contract.
Suppose the Client wishes to halt or suspend the remodeling project. A written notice must be issued to the Contractor at least (Number of days) days before the intended stoppage date.
Upon receipt of the written notice, the Contractor agrees to cease all work on the project within (Number of days) of receiving the message. The Contractor will make efforts to secure the work completed.
The Client agrees to pay the Contractor for all work completed, including materials, labor, and overhead incurred by the Contractor. The Client will also be responsible for removal or storage costs incurred with the cessation of work.
13. Dispute Resolution
Suppose any disagreement arises from or is related to this contract. The parties agree to try to resolve it through negotiation in good faith. To initiate the negotiation process, either party can send a written notice to the other, specifying the dispute's nature and proposing a meeting to discuss potential resolutions.
If the parties cannot negotiate the dispute within (Number of days) days, they agree to submit it to mediation. A mutually agreed-upon mediator will facilitate the mediation. A recognized mediation service will appoint a mediator if there is no agreement. The mediation costs will be shared equally by both parties.
Suppose mediation doesn't resolve within (Number of days) days. In that case, either party may initiate arbitration by providing written notice to the other party. The arbitration will follow the (Insert applicable arbitration service) rules.
14. Governing Law
This Contract shall be governed by and construed under the laws of the state of (State).