Installment agreement form 9465 instructions – Anytime you set out to hire a contractor or a subcontractor you’ll have to make certain you have a written contract in place. This document represents an agreement between both parties as to what is expected and the compensation which will be paid once the job has been completed. It is 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 chance of misinterpretation on each party’s behalf. To be 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 should be broken down into several sections to be sure all details of the contract are covered and there is no room for error. It should start with a section that describes who is doing the hiring and who’s being hired. This section may also be used to describe in detail the job that the person or company is being hired to perform. It could also cover any parts or materials that should be used and any technical 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 metres long.
The next section of the contract agreement should cover reimbursement, meaning how much the individual or company will be paid for the job they have been hired to do. This is followed by an assurance of services which is the contractor agreeing to offer the listed services for the agreed upon amount and that 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 had to finish this sort of contract you can look online where you will find a lot of different sample contract arrangements that cover every possible type of job. You will most likely find several that relate directly to the job you’ve got in mind and should make certain the one you select is lawful in the state where you’re headquartered. Since this is a legally binding contract it’s your job to be sure that you cover all of 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 9465 instructions below at the attachment page.