Professional contract template for flexible construction projects with hourly billing and material costs. Perfect for renovation, repair, and variable-scope projects.
Fill in the details below to customize your time and materials contract
TIME AND MATERIALS CONTRACT
This Time and Materials Contract ("Agreement") is entered into on 10/10/2025 between:
CONTRACTOR:
Phone:
Email:
License #:
CLIENT:
Phone:
Email:
PROJECT DETAILS:
Project Location:
Project Type: Renovation
Description:
TERMS AND CONDITIONS:
1. SCOPE OF WORK
The Contractor agrees to provide labor, materials, equipment, and services on a time and materials basis for the project described above. Work will be performed in accordance with industry standards and applicable codes.
2. LABOR RATES AND BILLING
Regular Labor Rate: $ per hour
Overtime Rate (after 8 hours/day): $ per hour
Material Markup: 15%
3. MAXIMUM CONTRACT AMOUNT
No maximum amount specified
Any work exceeding this amount requires written authorization from the Client.
4. PAYMENT TERMS
Invoice Frequency: Weekly
Payment Terms: Net 15
Retention: 5%
5. TIME FOR PERFORMANCE
Work shall commence on
Estimated Duration:
6. MATERIALS AND EXPENSES
All materials will be billed at cost plus 15% markup. Receipts will be provided for all material purchases. Equipment rental and other project expenses will be billed at actual cost.
7. PERMITS AND APPROVALS
Responsibility for permits: Contractor
8. INSURANCE
Contractor shall maintain insurance coverage of $ throughout the project duration.
9. WARRANTY
Contractor warrants all work for a period of 1 Year from the date of completion.
10. CHANGE ORDERS
All changes to the work scope must be documented in writing and signed by both parties before implementation.
11. PROGRESS REPORTING
Contractor will provide weekly progress reports including hours worked, materials used, and project status.
12. RECORD KEEPING
Contractor shall maintain detailed records of all time worked and materials used, which shall be available for Client inspection upon reasonable request.
13. DISPUTE RESOLUTION
Disputes shall be resolved through Mediation.
14. GENERAL PROVISIONS
This contract represents the entire agreement between the parties and may only be modified in writing signed by both parties.
SIGNATURES:
Contractor: ___________________________ Date: ___________
Client: ___________________________ Date: ___________
Witness: ___________________________ Date: ___________
A time and materials contract is ideal for construction projects where the exact scope or duration is uncertain. This flexible contract structure allows billing based on actual time worked and materials used, providing transparency while protecting both parties.
Time and materials contracts require more administrative oversight than fixed-price contracts. Both parties should establish clear procedures for tracking time, approving material purchases, and monitoring project progress. Regular communication and documentation are essential for success.
Disclaimer: This template is provided for informational purposes and should not be considered legal advice. For complex projects or specific legal situations, consult with a qualified attorney in your jurisdiction.