Benjamin Franklin said, «Time is money.» Whichever page you`re on, reduce construction time by having a clear plan with this document. If there are changes, they should be made in accordance with the agreement between the owner and the contractor. In most cases, there will be no change. The changes will be minor. For example, the layout of cabinets, wiring and the inclusion of additional power outlets and other aspects may be discussed by the owner, so that his interests are served by the contractor. As long as construction costs are within the price limit, there will be no difficulty in making changes. The success of the construction depends on clearly defined expectations and schedules. Errors or delays have negative effects on both homeowners and contractors, resulting in additional costs for homeowners, who cannot use the property for the intended purpose on the scheduled date and result in additional work and equipment costs for contractors. Resolving disputes between the contractor and the owner The construction process also includes many moving parts, and clearly define which part for which role the process will be smoother. Some necessary parts that can be expressly attributed to one of the parties are: The contractor is responsible for the safe conservation and conservation of all materials on site. It reimburses the owner for any loss that may result. The agreement should mention the cost of different building materials used for the construction of the house.

If we are not talking about additional fees, they should be discussed with the housing contractor. If you go for a package for specific extra work that is performed differently than mentioned in the agreement. You should receive a quote if you have to pay additional expenses. (c) Notwithstanding 12 (b), the architect may, with the prior written permission of the owner, authorize the maintenance of such defective materials and/or works with the owner`s consent and set the lower rates or prices which they deem correct and which are binding on the holder. The owner may employ and pay others to remedy these defects and defects, and the full cost and expenses that result will be borne by the contractor or reimbursed by the contractor, by any money, including withholding pay due or by any other means. NOTE: This is just a draft contract in which we have considered a model project to analyze the costs and terms of payment. 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.

The total cost of the building – Rs. 70.67,000 (five thousand rupees only) (Fill the total cost of the building) work relating to the entire construction of this building according to the architectural and structural designs and according to the elements indicated and signed in the calendar (Fill the date of the signature).