Standard Terms & Conditions

Peridot Assist — Standard Terms and Conditions
Effective Date: December 19, 2023

1. Definitions

• Company means Peridot Assist, LLC, a Georgia limited liability company and licensed general contractor.
• Customer means the individual or entity that engages the Company to perform the Work.
• Property means the real property at which the Work is to be performed.
• Residence means the structure on the Property.
• Work means the labor, materials, equipment, and services described in the applicable Contract.
• Contract means the executed proposal, estimate, change order, or written agreement between the Company and the Customer, together with these Terms.
• Invoice means a written request for payment for completed portions of the Work.
• Substantial Completion means the point at which the Work is sufficiently complete for the Property to be used for its intended purpose.
• Completion means final completion of all Work, punch-list items, and final clean-up.

2. General

These Terms apply to all agreements between the Company and the Customer. They become binding upon signature of any Contract or upon commencement of the Work, whichever occurs first. Estimates are valid for ten (10) days. The Company reserves the right to adjust pricing for hidden conditions discovered after the Work begins (for example, latent rot, mold, or code violations not visible during the initial assessment).

3. Insurance and Risk Allocation

The Company maintains a commercial General Liability policy with limits of at least $1,000,000 per occurrence. The Customer agrees to maintain property insurance on the Property at all relevant times. Each party waives subrogation against the other to the extent of any insurance proceeds received. Customer agrees to indemnify and hold the Company harmless from any claims arising from the Customer's own actions, instructions, or pre-existing conditions on the Property.

4. Payment

Unless the Contract states otherwise, payment is structured as follows:

• 50% deposit upon execution of the Contract (non-refundable; covers project mobilization, design, permits, and material orders)
• 25% at drywall completion
• 20% at finish installation
• Balance due at Completion

Invoices are due upon receipt unless otherwise stated. Late payments accrue interest at the lower of 1.5% per month or the maximum allowable under Georgia law. Late or missed payments may delay the Work and trigger additional mobilization fees.

5. Change Orders

Any change in the scope of the Work, materials, or schedule must be documented in a written change order signed by both parties before the change is performed. Change orders are billed at the Company's then-current rates and may shift the project schedule.

6. Materials and Substitutions

The Company will use materials that meet or exceed the specifications in the Contract. If a specified material becomes unavailable, the Company will substitute a material of equal or better quality and notify the Customer.

7. Permits and Compliance

The Company will obtain required building permits and perform the Work in compliance with applicable Georgia building codes and local jurisdiction requirements. The Customer agrees to provide access to the Property and to all utilities reasonably necessary to perform the Work.

8. Warranty

The Company warrants its workmanship for a period of one (1) year from the date of Substantial Completion. This warranty does not cover damage caused by misuse, neglect, third-party work, acts of God, or normal wear and tear. Manufacturer warranties on materials and fixtures pass through to the Customer per their original terms.

9. Lien Rights

Pursuant to Georgia law, the Company reserves the right to file a mechanic's or materialman's lien on the Property if payment is not made when due. The Customer agrees to sign reasonable lien waivers in exchange for payment as required.

10. Dispute Resolution

Any dispute arising from or related to a Contract or these Terms shall first be addressed through good-faith negotiation between the parties. If unresolved, the dispute shall be submitted to binding arbitration in Fayette County, Georgia, administered under the American Arbitration Association's Construction Industry Arbitration Rules. Each party bears its own costs and attorney's fees unless the arbitrator awards otherwise.

11. Termination

Either party may terminate a Contract for material breach by the other party that is not cured within fourteen (14) days of written notice. Upon termination, the Customer shall pay the Company for all Work completed and materials ordered through the date of termination, plus reasonable demobilization costs.

12. Governing Law

These Terms and all Contracts are governed by the laws of the State of Georgia.

13. Entire Agreement

These Terms, together with the applicable Contract and any signed change orders, constitute the entire agreement between the parties and supersede any prior oral or written understandings.

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Peridot Assist, LLC · 210 Trilith Parkway, Suite 100, Fayetteville, GA 30214 · Office (770) 284-5353 · GA GC License GCCO008663, Qualifying Agent GCQA008662