approved by the parties herein and have been subscribed for the purposes of identification by both
the parties.
NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:
1. That the Contractor shall erect on the said land a building in conformity with the sanctioned plans,
drawings and elevations and complete all the said works with the material of best quality and to
the satisfaction of the said Owner complete in all respects.
2. That in consideration of the work to be done by the Contractor, the Owner will pay to the
Contractor a lump sum amount of Rs........................... and further .............% on the total cost
of construction of the said building, as under:
3. That the Owner shall pay for and bear the actual costs of materials, labour and hire charges of
plant and machinery on production of the relevant bills and/or receipts and authorisation by the
architect. The payment of such bills shall be made within.................. days of production of each
bill.
4. That the Contractor shall complete the said building and make the same habitable in all respects
for occupation within............ months from the date hereof failing which the Contractor shall pay
to the Owner interest at the rate of ...........% p.a. on the amount already spent or invested by
the Owner in relation to the construction of the said building, unless such delay was due to the
reason which is beyond the control fo the Contractor.
5. That the Owner shall not be responsible for payment of any cost of material or labour if the work
done is not in accordance with the agreed plans, specifications and designs, or the materials used
is substandard and workmanship poor.
6. That the Contractor shall be under obligation to carry out any suggestion for additions or
alterations in the said building plane by the owner but within the sanctioned plan, if feasible. But
the owner shall be liable to pay for such additions or alterations.
7. That the Contractor shall undertake all necessary precaution and safety measures while
constructing the building, for the protection of labourers as well as the person and property of
neighbours or any third party.
8. That any damage arising from accidents or carelessness of the workmen contracted for or to the
materials or equipments therein used or to any third party, shall be borne and effectually made è
good by the said Contractor at his own costs and charges and the Owner shall not be responsible †
for the same.
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9. That the Contractor shall not engage any sub-contractor for the actual construction work but shall
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be at liberty to engage sub-contractors for the supply of men and materials, plant and machinery ù
without creating any disturbance.
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10. That if the Owner consider that any part of the said construction have been executed in an
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unsound and improper manner, the said Contractor will cause the same to be removed and £
executed in a proper manner to the satisfaction of the Owner without any extra charges or P
expenses whatsoever.
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11. That the Contractor shall use the best quality materials is accordance with the specifications ÷
mentioned herein.
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