Installment agreement form 433-d – Anytime you set out to hire a contractor or a subcontractor you’ll have to be certain you have a written contract in place. This document represents an agreement between both parties about what is expected and the compensation that will be paid when the job was completed. It’s a legally binding contract according to the law once it has been signed and should be very specific in nature in order to prevent any confusion or possibility of misinterpretation on either party’s behalf. To make certain that the contract you fill out is formatted correctly you may look through various contract agreement samples to find one that best represents your requirement.
This form needs to be separated into several sections to make sure all details of the contract are covered and there is no room for error. It should begin with a section that explains who’s doing the hiring and who’s being hired. This section can also be used to describe in detail the job that the individual or company is being hired to perform. It may also cover any components or materials that should be used and any specialized equipment that will be necessary. For example John Smith is hiring Fred Blogs to use his backhoe to dig a trench for utilities that is 3 feet wide by 6 feet deep and 200 yards long.
The next section of the contract agreement should cover reimbursement, meaning how much the person or company will be paid for the work they have been hired to do. This is accompanied by an assurance of services that’s the contractor agreeing to offer the listed services for the agreed upon amount and all information gained through the job will be held in the strictest confidence where deemed necessary by the employer. Finally the contract arrangement must include information that covers when the contract is to start and when it to end.
For people who have never needed to finish this sort of contract you can look online where you’ll find many different sample contract arrangements that cover every imaginable sort of job. You will almost certainly find several that relate directly to the job you have in mind and should make certain that the one you choose is legal in the state where you’re headquartered. Since this is a legally binding contract it is your job to be sure you cover all the bases and leave no room for the independent contractor you hire to create a problem at any stage during the duration of the contract. Check it out the sample of installment agreement form 433-d below at the attachment page.