Date:

AGREEMENT ________

PART-A

THIS AGREEMENT is made on  ________ Between:

M/s Squares Space Design Pvt. Ltd office address at 113, Prem kesar homes, Katara Hills, Bhopal, MP.
Herein after called the CONTRACTOR, which term shall include his assigns and successors.

AND

Mr. Pushpendra Gupta residence at H.no__________________________, Bhopal, M.P hereinafter called

the OWNER, which term shall include his assigns and successors.

Whereas the owners possess a house at ___________________________, Bhopal, M.P and are desirous of
interior works at house in the said location as per the plan and the specifications, estimate’s rates and
quantities, enclosed and forming part of this agreement.

NOW THIS AGREEMENT IS AS FOLLOWS:

1. Payment Terms: We propose rates as per Annexure II i.e. Estimate and terms for payment should
fulfill the condition as detailed in Annexure I.
2. Contract Value: Estimated/ Contract value is the total value of construction at the end of project
excluding GST. This contract is on a square foot/ Item Rate based contract. The cost per square feet
of built area or/and as mentioned in estimate. Any additional work of similar item is chargeable at
rates of estimate without discounted price. Any non-tendered items for changes in existing estimates
will be charged as per actual +15% profit
3. Additional Works: For any other extra works or any additional requirements apart from work
mentioned in estimate will be treated as new work and separate estimate will be provided to you and
will be executed only upon approval of customer. All terms and condition will applicable as of this
contract with additional extension if execution time as per new scope of work.
4. Should the owner wish to purchase any Trade Supplier items through Company, we will provide you
with a detailed quote and all monies must be paid prior to purchasing of the items. The owner is
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 responsible for checking for any reportable damage once the items have been delivered, unless
otherwise agreed in writing.
5. Cost Escalation Charges: The rates in the schedule are based on the basic rates of major materials
(which cost more than 10% of item value) are taken like Plywood, Laminates, Labour, steel, cement,
sand etc. as in case of any escalation in these basic rates corresponding downward or upward
adjustments shall be made to the contracted amount/values. No escalation in respect of any other
item or material or account shall be permitted.
6. Invoice will be raised at particular stages of work; owner is liable to pay all invoices at time. Any
delay in payment is chargeable with 24% per annum interest rate. Same is valid for contractor in
event of delay of work from the given date in agreement which is applicable on balance
amount/work.
7. The owner shall alone be responsible for payment of all taxes, charges, expenses, that may be
payable with respect of the material and services including Sales Tax/GST, Service Tax, Water, and
Electricity charges either assessed/charged individually or collectively.
8. The rates quoted in the schedule shall be for complete work in all respects and shall include all
direct, indirect and contingent costs, expenses including charges for scaffolding, cantering material
and shuttering, hire for tools and machinery, transportation charges and temporary sheds for storage
of materials, labour removal of debris, etc.
9. Authorized variations:
a. The Architect/ Designer may with the consent of the owner omit from or add or vary any item of
work shown and described in the schedule.
b. All authorized variations for which a rate or price may not have been previously agreed upon
shall be measured and valued by the Architect. Items, for which no such rate exists shall be
worked at actual cost to the contractor at site of work plus GST of the actual cost provided the
architect duly certifies such cost.
10.If the OWNER chooses to supply any construction materials required, they shall be given credit for
the cost of such materials and the value shall be deducted out of the immediately succeeding running
bill.
11.Any product i.e., paints, wallpaper, recommended must be applied as indicated by the product
instructions. Should you substitute a brand with a similar product or colour you do so at your choice.
Company cannot be held responsible for the suitability of this product or the end result.
12.Warranty: We provide 2 years free of cost onsite warranty for interior works and one year for civil
works. The company shall endeavour to its best efforts to provide services related to maintenance of
interior work for 24 months from the date of completion (From the date unit become functional at
site) of respective work(s) and that owner understands that warranty on hardware is as provided by
the manufacture only. Maintenance does not cover issues arising because of incorrect usage or
accidental impact or alterations by any party other than company or non-maintenance of delivered
interior work. Any replacement needed within warranty period for products under warranty will be
carried out by contractor in coordination with concerning agency.
13.Defects liability period:
a. Any defects, leakages, shrinkage or any other faults which may appear within three calendar
months from the date of completion of the work, shall upon the direction in writing of the
architect or owner and within such reasonable time as shall be specified therein be rectified and
made good by the contractor at his own cost.
b. In case, of default on the part of the contractor to rectify and make good the defects within the
time specified by the Architect/Owner. The owner may employ and pay other persons to set right
such defects and faults and the entire cost and expenses incurred thereon shall be borne by / made
good by and/or be recoverable from the contractor.
14.Materials and workmanship:
All materials and workmanship shall be the best of the respective kind and described in the
schedules. Specific brands mentioned as per attached schedule.
15.Water And Power Supply: The owner shall arrange for temporary electrical connection, all
electricity and water charges during the course of the construction will be borne by the owner.
16.The Owner while retaining possession of the site has only permitted the contractor to enter upon
the property for the purposes of constructing a residential house. The owner shall be subsequently

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 entitled at any time to freely enter upon and exercise all acts of possession and ownership over the
aforesaid residential site.
17.Prevention of Performance: Should either the owner or company be prevented by a cause beyond
their control from performing their obligations in terms of this agreement, it may be terminated
without prejudice to the accrued rights of either party against each other.
18.Cancellation: The owner may at any time instruct the Contractor to suspend / terminate work on the
project with 30 days’ notice; this instruction shall be in writing and delivered to the address
stipulated herein. Rates for incomplete stages will be calculated pro rata basis. Your Design Scheme
(For Design & its Fee) cannot be cancelled or postponed once the Design Board has reached 50%
completion. One revision to the Design Board is included. Additional revisions will be billed at
prorate basis.
19.The company shall not be liable in any manner if they are unable to complete and deliver work of the
“Annexure II” property within the stipulated time for reasons beyond the control of the company
including reasons for non-availability of property, intervention of bodies such as builder, security,
Government authorities, and/or other persons and stay by the Court or Authority, act of God like
natural calamities, political unrest of any sort affecting law and order effecting progress of work.
20.The building contractor shall work in coordination with other agencies involved in working on the
building. He shall render all co-operation and assistance to them. The contractor shall set right
damages caused to the building due to the work of electrical, sanitary and water supply, contractors,
for which he shall be paid accordingly.
21.The owner agrees that under no circumstance including that of any disputes or misunderstanding, the
owner shall not seek or cause the stoppage or stay of work or related activity or cause any
inconvenience or obstruction whatsoever.
22.The owner agrees to allow the contractor to photograph the project during all stages of Services
including when project is complete. Photographs will be used for business purposes, including, but
not limited to: press, publications, online, social media, marketing, advertising, and print. The
Contractor will not disclose address or owner’s name without prior consent.
23.The building contractor shall be responsible solely for the compliance, expense, liability, damages,
etc., on account of the following matters, under the relevant laws, enactments and the owner shall
not be liable for any such compliance, expense, liability, and damages under any circumstances.
a. Common-Law in respect of injuries, etc., to person and property, caused due to and arising out
of the carrying out the work under this contract.
b. The building contractor shall indemnify and keep indemnified the owner against all losses,
damages, fines, prosecutions, liabilities that may arise or accrue against the owner from the
contractor’s failure to adhere to all statutory obligations.
24.In case of any dispute or difference arises between the owner and the contractor, the decision of the
architect/Designer/ Independent Agency shall be binding on both the parties.
25.Should the company be commissioned for a limited service where a contract value is not available,
an estimated contract value will be assumed and agreed by both parties. This agreement is subject to
the laws and regulations of the Jurisdiction of Bhopal, Madhya Pradesh.

PART-B

SPECIFICATION

ESTIMATION AND SPECIFICATION FOR PROPOSED CONSTRUCTION TO BE FOLLOWED AS.

1. STRUCTURE - P.C.C, R.C.C Concrete Grade M-20.

2. STEEL – TMT Bansal, Kamdhenu. CEMENT - ACC, Ultratech; BRICKS - First class brick.
3. BRICK WORK: Wall - 8" wall; Mortar ratio will be – 1:5 Inner Wall - 4" Wall in parapet; Mortar
ratio will be – 1:4; with bar of 6mm dia at lintel level in cement concrete M-20 mix 2" thick.
4. PLASTER – Murga jali fixing on joint of brick and R.C.C. work. Inner - Mortar ratio – (1:4) with
single coat. Outer - Mortar ratio – (1:5) with double coat.
5. PARAPET WALL: 3'3" height from top level or as per design.

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6. FLOORING: Existing.
7. PAINTING: Asian Royal Shyne of approved shade. Inside with birla & J.K White Putty base.
Outside paint will be of Apex Emulsion (of approved shade).
8. Plywood: IS303 MR Alternate Plywood upto 56rs/sqft for interior furniture; IS710 upto 68rs/sqft.
9. Hardware: Godrej (Modular Kitchen- Soft close Channels; Others Telescopic Channels; Soft Close
Hinges). Handles: 4” upto 120/pc and concealed upto 200/pcs.
10. Electrical: Lights: Bajaj/ Sysaka; Wire: Polycab; Switch & Sockets: Polycab.
11. Fabrics: up to 550rs/mtr

Annexure-I: PAYMENT TERMS

a. Payment can be raised after the completion of each stage as per Work Stages of Work Schedule,
payable through cheque/ cash/ Account. We allow 3 days to settle the outstanding amount from date of
invoice.
b. Work Stages:
1. 5% of total amount to be paid as slot booking.
2. 25% of total amount to be while Finalizing Agreement (On Agreement Day)
3. 15% of total amount to be paid after 1st week of work starts (While False Ceiling Work)
4. 20% of total amount to be paid while carpentry work starts.(on 1st week)
5. 20% of total amount to be paid after completing of complete structural work
6. 10% of total amount to be paid while laminate pasting work and finishing work starts.
7. 5% of total and final amount to be paid while handover (Handover Day)

Note: After receiving of slot booking amount work will start from next 6-7 days

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 Annexure-II: ESTIMATE

As Attached with Estimate of Interior Works Stated in Annexure-I: Payment Terms.

Declaration: I have read, acknowledge and accept terms & condition provided the link above, I hereby
accept all details as outlined in this contract.
IN WITNESS WHEREOF the parties hereto have set their hands on the date mentioned above at Bhopal.

For Contractor Owner Signature

Date: 31-05-2022, Place: ____________ Date: 31-05-2022, Place:
Name: (Squares Space Design Pvt Ltd) Name: (---------------------)

Witness I Signature Witness II Signature

Date: 31-05-2022, Place: ____________ Date: 31-05-2022, Place:
Name &Address:__________________ Name & Address:__________

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