Agreement
for Building Where Owner Supplies Plot and All Materials
An
Agreement made on the ...........day of ................BETWEEN AB, etc. (hereinafter called
the “owner”) of the part and CD, etc, (hereinafter called the “contractor”) of
the second part.
WHEREAS
the owner owns a plot of land measuring ......... meters situate at .... And more
particularly described in the plan attached.
and
Whereas the owner is desirous of erecting a building on the said plot. and
Whereas the plans, drawings, designs and elevations of the said intended
building and specifications of the works to be done and of the materials to be
provided in and for the erection of the same as prepared by the architect have
been approved by the parties.
and
Whereas the contractor is willing to execute the said works for the sum of Rs......
and
Whereas the materials to be used for the building will be supplied by the owner
himself and the contractor will supply labour as well as the building tools and
other accessories necessary for the completion of the said building.
Now the
Parties Hereto hereby Mutually agree as Follows :
The
contractor will clear and prepare the site for and will erect and complete the
building in conformity with the plans, drawings, designs and elevations with
the materials supplied by the owner in a thorough and work-manlike manner.
2. Subject
to the conditions hereinafter appearing, the owner will pay to the contractor a
sum of Rs....... within six months after the contractor has completed the works in
accordance with the terms of this agreement and handed over the same to the
owner.
3. The
contractor will finish and complete the said building on or before the ..... day
of ..... and if the said building shall not be completed on or before the said
date, the contractor shall forfeit, out of the moneys which shall be due to him
by virtue of this agreement, the sum of Rs..... for every days which shall elapse
after the ...... day of ...... until the said building shall be completed : Provided if
the contractor is prevented by any strike among the workmen or by reason of any
event beyond his control, the owner may extend time for the completion of the
work for such reasonable period as he may think fit under CI. (10).
4. The
contractor will do and perform all works incidental to the proper execution and
completion of the building including all works rendered necessary in
consequence of the doing of the works and will supply labour necessary for the
same and no additional payment will be made for the same.
5. The
contractor will permit the owner to have access to the works while the same are
under construction and to inspect the same.
6. The
contractor will not vary or deviate from the said plans and specifications
without having first obtained the permission in writing of the owner.
7. The
contractor will, if so required by order in writing signed by the owner, alter
the design or size of the works and the materials to be used in constructing
the same, provided that he shall not be bound to do so unless the sum to be
paid for any extras or to be allowed for any omission has been first fixed by
agreement between him and the owner and, in default of agreement, the sum to be
so paid or allowed shall be settled by ..................
8. The
contractor shall make good any defects, shrinkage or other faults that may
appear in the works within six months after their completion.
9. While
the works are in course of construction and until the owner takes over the
same, they and all materials or plants used or to be used in constructing the
same shall remain at the contractor’s risk and he shall not be entitled to any
compensation for injury, to or loss or destruction of, such works or materials
arising from any cause whatever.
10. If
the contractor requires any extension of time for completing the works he must
apply to the owner within seven days from the date of the occurrence of the
event on account of which he desires such extension; and the owner may, if he
thinks such request reasonable, grant such extension of time as he may think
necessary.
11. If
the owner is at any time dissatisfied with the progress of the work or with the
quality of materials used or of the workmanship he may apply to ....... To depute
an Engineer to inspect the works, and if such officer certifies in writing that
the rate of progress or the materials used or the workmanship or any or all of
them is or are unsatisfactory or not in accordance with this agreement, the
owner may then enter upon the site of the works and may employ another builder
to complete the same and may pay such builder the cost of such completion out
of the sum payable to the contractor under this agreement or the balance of
such sum if advances have been made to the contractor, and, if such cost is
more than such sum of balance, then the contractor will pay the excess to the
owner.
12. Unless
the terms are extended under clause (10) hereof, the contractor will complete a
portion of the works of the value of not less than Rs..... on or before the ....
And will complete the whole work and will remove from the site of the works all
plant, scaffolding, unused materials and rubbish and will leave the works and
site clean on or before.......
13. If
the contractor fails to comply with the provision of CI. (12) on or before the
dates mentioned therein or within such extended time as be permitted in
accordance with CI. (13) hereof, he will pay to the owner as liquidated damages
a sum of Rs...............for every day’s delay, and the owner may deduct such sum or
sums from any money due to the contractor under these presents or may recover
it otherwise.
14. At
the end of each calendar month commencing from the date when the contractor
commences work the owner will pay the contractor a sum equal to 80 per cent of
the value as estimated by the parties or in case of disagreement between the
parties by............... of the work executed by the contractor during the month and the
owner will make final payment to the contractor at the end of six months from
the date when the works are completed.
15. If
at any time during the progress of the works or after completion or the alleged
completion thereof and at any time during the continuance of this agreement any
dispute or differences arise between the parties hereto in relation to or in
connection with this agreement, the same shall be referred to the arbitration
of Sri................as the sole arbitrator or to two arbitrators one to be appointed by
each party and provisions or the Indian Arbitration Act, 1940, shall apply .
The decision so given shall be final and binding upon the parties.
16. The
contractor will indemnify the owner from all claims for injury caused to any
person, whether a workman or not, while in or upon the works or the site of the
same the said owner shall not be bound to defend any claim brought under the
Workman’s Compensation Act unless the contractor first deposits with the owner
might incur by reason of defending any such claim.
in
Witness Whereof the parties hereto have signed this agreement on the day and
year first written above.
........................
.......................
(Contractor)
(Owner)