SUB-CONTRACTORS CONTRACT AGREEMENT For Tower Erection & Paint
This agreement is made on 18th. day of August. 2008, between M/S Pakserve (Private) Limited, having their office in Plot # 193(Basement) Street # 01,I-10/3,Islamabad, (hereinafter referred to as the Contractor)on the one part and M/S Saifiq Builders resident of Chah Mohane wala,Pirhar Gharbi Ghair Mustaqil,Kot Adu District Muzafer Ghar, (hereinafter called Subcontractor) on the other part. WHEREAS, it is agreed between both the parties that all the Erection Works for tower sites will be carried out by the second party The Subcontractor on the terms and conditions as stated below and the agreed rate is Rs. 1400.00 (900+500) per meter height of tower for Epoxy paint &Rs.1300(900+400) for enamel paint. The works will consist of: A- Receiving the tower material from Client warehouse as per provided list. B- Complete erection of tower up to the clients satisfaction. C- Complete paint work to match the required thickness ( If applicable). D- Fixing of O.B. lights with G.I. pipes and provision of wiring for the same, the pipe, cable and other accessories will be provided by Pakserve. E- The mode of payment will be as under: TOWER ERECTION ONLY.
1) 2) 3)
25% of erection cost as an advance. 65% on completion of tower erection including OB Lights. 10% after satisfactory acceptance of Tower Erection by Clint. TOWER ERECTION WITH PAINT.
1) 2) 3) 4)
25% of total cost 35% of total cost after tower erection completion with OB Lights. 30% of total cost after completion of Paint. 10%after acceptance of Tower Erection & Paint by Clint. F- Rates mutually agreed will apply on all sites situated any where for green field areas or for rooftops. G- Subcontractor will arrange safety items at site, like safety helmet, gloves, safety shoes if necessary, etc. for the workers to ensure safety measures required.
IN WITNESS WHEREOF both the parties have put their signatures and seals hereunder after mutually agreed upon the above terms and conditions and the rates given above on the dates mentioned against their respective signatures.
____________________________ For and on behalf of the Contractor M/S. PakServe (Private) Limited Ph. 051-4444337-8
______________________ For and on behalf of the Subcontractor M/S Saifiq Builders Chah Mohane wala,Pirhar Gharbi Ghair Mustaqil,Kot Adu District Muzafer Ghar 0300-6861076