SERVICE AGREEMENT REQUEST
To secure a Tripartite Escrow Agreement a Service Agreement with Tripartite Escrow Company must first be established. After a Service Agreement is executed, a Tripartite Escrow Agreement can be requested that includes the requisite suppliers and/or subcontractors, who will be paid from the escrow account. FIRST AND FOREMOST: You need to review the terms and conditions of a sample Service Agreement:
Tripartite Escrow Agreement- escrow fee is 2% of the total contract amount.