Agreement For Building Where Owner Supplies Plot Of Land Only

(hereinafter referred to as the owner) of the second part. If the contractor does not comply with the provision of CI. (12) on or before the dates indicated or within an extended period permitted by the CI. (13) In this case, he pays the owner, as lump sum damages, a sum of Rs……….. for each day of delay, and the Owner may deduct such sums or amounts from any money that comes back to the Contractor as part of such gifts or otherwise recover it. The standard agreement between the owner and the contractor contains complete details about the construction. Construction must be carried out in accordance with local construction guidelines. The contract should contain drawings and specifications approved by the competent authority. The details of the authorization granted by the local government should also be mentioned in the agreement. If the owner is not satisfied with the extension beyond a reasonable period, the contractor is liable for damages. If the contractor does not complete the work within the time limit, the information must be made available to the owner without delay.

The reason for the extension of the time limit should be communicated to the owner. The owner must ensure a temporary electrical connection, all electricity and water costs during construction are the responsibility of the customer. If you want to start working immediately, you can opt for an intermediate contract….

Comments are closed.