Owner operator contract template – Anytime you set out to hire a contractor or a subcontractor you will 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 which will be paid once the job has been completed. It’s 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 possibility of misinterpretation on either party’s behalf. To be certain the contract you fill out is formatted correctly you may look through various contract agreement samples to find one which best represents your need.
This form needs to be separated into several sections to be sure that all aspects of the contract are covered and there’s absolutely no room for error. It should start with a section that explains who is doing the hiring and who is being hired. This section may also be used to describe in detail the job that the individual or company is being hired to perform. It may also cover any parts or materials that should 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 must cover compensation, meaning how much the person or company will be paid for the job they’ve been hired to perform. This is followed by an assurance of services that’s the contractor agreeing to provide the listed services for the agreed upon amount and all information gained through the job will be kept in the strictest confidence where deemed necessary by the employer. Finally the contract agreement should include information that covers if the contract is to start and when it to finish.
For people who have never had to finish this type of contract you can look online where you will find a lot of different sample contract arrangements that cover every imaginable type of job. You’ll most likely find several that relate directly to the job you’ve got in mind and should make certain that the one you choose is lawful in the state where you are headquartered. Because 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. Take a look the sample of owner operator contract template below at the attachment page.