This is a sample contract.It shows the exact work order and agreement both sides sign on Marine Vault once a bid is accepted and funded. The names, vessel, and amounts below are fictional examples. Review it before you place a bid so you know what you're agreeing to.
SAMPLE
MARINE VAULTSECURE MARINE CONTRACTING
Work Order
#SAMPLE01 · Mar 14, 2026
UNDER CONTRACT
Requested by
Jane HarperOwner / Captain · Marine Vault member
Vessel
M/Y SerenitySunseeker Manhattan 6868 ft
Location
Fort Lauderdale, FL
Project Overview
Full hull repaint & antifouling
Haul out at Lauderdale Marine Center. Media-blast existing bottom coat, fair and prime the hull, apply two-part epoxy barrier coat and two coats of antifouling. Compound, polish and ceramic-seal the topsides and boot stripe. Return vessel to slip on completion.
Travel-lift haul, stands, and initial hull wash-down.
1
$1,800.00
$1,800.00
2
Media blast & bottom prep
Soda blast old antifouling to gelcoat, inspect for blisters.
1
$6,400.00
$6,400.00
3
Fairing, barrier coat & primer
Fair low spots, 5-coat epoxy barrier system + high-build primer.
1
$12,800.00
$12,800.00
4
Antifouling (2 coats)
Two coats premium ablative antifouling, waterline signal coat.
1
$7,200.00
$7,200.00
5
Topside compound, polish & ceramic seal
Full topside restoration and 12-month ceramic sealant.
1
$9,800.00
$9,800.00
6
Splash, sea trial & slip return
Relaunch, running-gear check and delivery back to slip.
1
$4,500.00
$4,500.00
Subtotal$42,500.00
Marine Vault platform fee (2.5%)$1,062.50
Contract Total$43,562.50
Verified by Marine VaultContractors are verified for licensing and insurance. Funds are held securely and released only as the owner approves the work.
Agreement terms
The contractor agrees to complete the scope of work above for the accepted bid amount, on the vessel and at the location listed.
The owner funds the contract total (plus the 2.5% Marine Vault fee) before work begins; funds are held securely until milestones are approved.
Payments are released to the contractor as the owner approves submitted invoices for completed work.
Any change to scope or price must be agreed in writing by both parties through Marine Vault before the work is performed.
Disputes are handled through Marine Vault's resolution process; both parties agree to Marine Vault's Terms of Service.