The CONTRACTOR shall be entitled to receive just and equitable compensation for any satisfactory work completed on such documents and other materials. A construction services agreement is a legal contract between a construction company and the client.The term of the Contract shall be for a period of up to two (2) years commencing on. Contractor shall notify College of any delay in the performance of the Work. Failure of Contractor to complete the Work in the time required shall constitute. Independent Contractor Relationship. Nothing contained in this. The Contractor shall complete all the work on the. A Residential Construction Contract is used to establish an agreement between a homeowner and contractor to ensure both parties are protected. A written construction contract is a legal document between a client and a general contractor which details the scope of work for your construction project.