Installment agreement form 9465 – Anytime you set out to hire a contractor or a subcontractor you will have to make certain you have a written contract in place. This document represents an agreement between both parties about what is expected and the compensation which will be paid when the job was completed. It is a legally binding contract according to the law once it’s been signed and should be very specific in nature in order to avoid any confusion or chance of misinterpretation on either party’s behalf. To be sure the contract you fill out is formatted properly you may look through various contract agreement samples to find one that best represents your requirement.
This form should be separated into several sections to make sure all details of the contract are covered and there is not any room for error. It should start with a section that explains who is doing the hiring and who is being hired. This section can also be used to describe in detail the job which the person or business is being hired to do. It may also cover any components or materials that are to be utilized and any specialized equipment that will be necessary. For example John Smith is hiring Fred Blogs to utilize his backhoe to dig a trench for utilities which is 3 feet wide by 6 feet deep and 200 yards long.
The next section of the contract agreement should cover compensation, meaning how much the person or business will be paid for the job they have been hired to do. This is followed by an assurance of services that’s 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 agreement must include information that covers when the contract is to begin and when it to end.
For those who have never needed to finish this sort of contract you can look online where you will find many different sample contract agreements that cover every imaginable sort of job. You will most likely find several that relate directly to the job you’ve got in mind and should make sure that the one you select is lawful in the state where you are headquartered. Since this is a legally binding contract it is your job to be sure you cover all of the bases and leave no room for the independent contractor you hire to create a problem at any point during the duration of the contract. Check it out the sample of installment agreement form 9465 below at the attachment page.