19. The mobilization advance of Rs 7,00,000.00 (Only Seven Lakhs Rupees) (filling the amount of the advance indicated) is agreed by the owner, which is drawn to the contractor, empty scheck , `full cheque number and date` before the start of the work. The agreement between the contractor and the owner`s contract for the construction of a house should mention construction work such as masonry, frame, plumbing, electricity, cementing, etc. Risk factors should be included in the contract to protect the interests of the owner. If you do not read the written agreement, you will not be in a defensive position. The supply of products and services is mentioned in the contract between the owner and the contractor. This type of agreement defines very well the purpose and scope of the agreement. By this alternative, the provisions and contractual terms of each party are clearly understood. Defects, leaks, narrowings or other defects that may occur within three calendar months from the date of completion of the work are corrected and corrected by the contractor at its own expense, on instruction from the architect or owner and within the reasonable time to specify. Say that your contractor and his or her team have suddenly stopped working, and that he or she is demanding excessive payment for equipment and work that were not originally agreed upon. Or your client, the owner, refuses to pay you once the project is complete.
One way or another, you should make sure that you have a written agreement to protect your rights. If you don`t agree, you risk wasting time and money, not to mention the quality of the construction. In addition to the construction work itself, contracting is one of the most important parts of the project. The more detailed the contract, the better; Objects considered common sense should not be overlooked either. You can also indicate how the site will be maintained, including monitoring workers, storing materials and where waste can be disposed of. In the case of a smaller work contract, the payment is managed after completion. If you are developing your skills in developing successful orders for your construction company, there are seven important elements to consider. If the compromise clause is mentioned in the agreement, the dispute should be settled out of court. You should understand that arbitration is the least expensive and billing will be done quickly. If you sign the agreement with the compromise clause, you do not have the right to take the matter to court. If it is a new building or a larger number (more than 2 to 3 months), the contractor requires that overtime be paid to them or at certain checkpoints.