CPE Roofing Contract
This Contract between the Customer and Contractor will be governed and construed in accordance with the laws of Texas. This agreement may be executed in any number of counterparts, each of which when executed and delivered shall constitute a duplicate original (this can be a digital copy), but all counterparts together shall constitute a single agreement. This is a binding contract between CPE Roofing, LLC to the customer listed above.
Customer listed above agrees to give full authorization to CPE Roofing, LLC to contact and communicate with their insurance and/or mortgage company. Customer understands insurance proceeds (checks) shall be used for repairs and restoration work that will be performed by CPE Roofing, LLC for the property listed above based on the scope of loss (estimate) provided by the insurance company. Customer understands they have now hired CPE Roofing, LLC as their contractor. CPE Roofing, LLC is the only contractor that will work on the repairs that will be outlined in the “Work Order” form that will be filled out once the customer receives the insurance company’s documents and initial check. All insurance proceeds are due to CPE Roofing, LLC as soon as the customer listed above receives them.
Customer agrees to provide CPE Roofing, LLC with all insurance documents including the insurance scope of loss (estimate) upon arrival.
The insurance company’s scope of loss (estimate) is CPE Roofing LLC’s estimate to the Customer listed above. CPE Roofing, LLC will base the Work Order on the insurance company scope of loss (estimate) and will work based on the line items agreed between the Customer listed above and CPE Roofing, LLC. Customer will pay CPE Roofing, LLC the RCV (Replacement cost value) on all work done by CPE Roofing, LLC. The RCV will be determined by the final scope of loss (estimate) from the insurance company.
Disclosure Pursuant to Texas Business & Commerce Code §27.02(b): "Texas law requires a person insured under a property insurance policy to pay any deductible applicable to a claim made under the policy. It is a violation of Texas law for a seller of goods or services who reasonably expects to be paid wholly or partly from the proceeds of a property insurance claim to knowingly allow the insured person to fail to pay, or assist the insured person ’s failure to pay, the applicable insurance deductible.
This contract is contingent upon the insurance company`s authorization of the repairs. In the event the insurance company denies the repairs in full, Customer will owe nothing to CPE Roofing, LLC and this contract will become null and void. Notwithstanding the foregoing sentence, , in the event the Customer, prior to signing the Work Order for these repairs (i) decides to use a different contractor for the repairs or (ii) decides not to implement repairs authorized by Customer’s insurance company after this contract has been signed, Customer agrees to pay CPE Roofing, LLC a fee of $10,000 within 5 days after CPE Roofing, LLC learns of such Customer decision as liquidated damages for the loss of time, resources and allocations used by CPE Roofing, LLC to prepare for commencement of the project.
CPE Roofing, LLC will have 30 days weather permitting to start repairs after the pre-build assessment has been completed.
By signing below both parties agree to this contract.
Description of work
CPE ROOFING REPRESENTITIVE SIGNATURE
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