Preview

Contract Terms

Powerful Essays
Open Document
Open Document
469 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Contract Terms
Contract between
MAANO TECHNICAL SERVICES CC
(Builder)
Represented by Mr. Herman Lukas
And
Mr. Joao de Sousa Satata
(Client)
Represented by Mr. Zenildo Calueto

For
THE CONSTRUCTION OF AN OUTBUILDING AT ERF 1387, MOUNTAIN THORN STREET, DORADO PARK, WINDHOEK – NAMIBIA.

CONTRACT BETWWEN THE OWNER AND THE BUILDER

CONTENTS
SECTION 1. Articles of Agreement.
SECTION 2. General Information.
SECTION 3. Standard Conditions of Contract.

Section 1
ARTICLES OF AGREEMENT
ARTICLES OF AGREEMENT MADE ON THE __________ day of ______________________ 2013. Between _________________________ (hereinafter called “The Owner”) of the one part and _____________________________ of (or whose office is situated at) ____________________
_____________________ (hereinafter called “The Builder”) of the other part.

WHEREAS the owner is desirous of having a house and its supporting infrastructure (hereinafter called Works) constructed in accordance with the drawings and specifications approved by the Municipality and in accordance with the General Information at the Section 2 and the General Conditions of Contract at Section 3.
AND WHEREAS the Builder has submitted his offer dated _____ day of _______________ 2013.
Offering to complete and maintain the Works upon the said conditions and in acconrdance with the Drawings and Specifications.
AND WHEREAS the Owner has accepted the Builder’s offer conveyed in the said tender.

NOW IT IS HEREBY AGREED AS FOLLOWS: 1. For the consideration hereinafter mentioned, the Builder shall complete the Works subjected to the said Conditions of Contract and in accordance with the Drawings and Specifications. 2. The total cost for construction of the outer building is as per approved is 165,000.00. 3. The Owner will pay the Builder the sum of 25% deposit 41,250.00, and the other 25% after complete 50% of the construction and then the last 50% after complete of the project.

IN WITNESS hereof has signed in the presence

You May Also Find These Documents Helpful

  • Powerful Essays

    Once the owners and the general contractor have selected an electrician, plumber, and master carpenter, they will all meet to review the architectural plan and make any necessary changes. At this time the plan will be submitted to the city for approval. After approval is received, excavation is completed, and the actual construction has begun, the owners will have weekly meetings with the general contractor to closely monitor the progress of the…

    • 1988 Words
    • 8 Pages
    Powerful Essays
  • Better Essays

    Midterm Comm293

    • 5099 Words
    • 21 Pages

    Part A Brigante Construction Ltd. entered into a contract on October 1, 2002 with the province of British Columbia to construct a multi-unit residential complex in Whistler. The contract price is fixed at $500 million and Brigante expects that the project will be complete by the end of 2005. Other information re: the contract is provided below. Brigante has a December 31st year-end. In $ millions Costs incurred (during the year) Estimated costs to complete at the end of the year 2002 $ 80 320 2003 $ 125 235 2004 $ 140 130 2005 $ 75 0…

    • 5099 Words
    • 21 Pages
    Better Essays
  • Good Essays

    a. Provide professional services required for the construction, design, and administration of the building. This will include: Programming, cost estimating, structural engineering, landscaping, and interior design.…

    • 592 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Quote Invocare 250714

    • 2058 Words
    • 9 Pages

    Building owners must satisfy themselves that the recommendations are appropriate for their application. By referencing this…

    • 2058 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Total Cost = ($40 * 5 units of labor) + ($60 * 7 units of land) + ($60 * 2 units of capital) + ($20 * 1 unit of entrepreneurial ability) = $200 + $420 + $120 + $20 = $760.…

    • 673 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    8 CONSULTANT’S PROPOSED DESIGN & CONSTRUCTION SCHEDULE ........................... 8 CONSULTANT DESIGN SCHEDULE ........................................................................................ 9 BID DOCUMENT CONSTRUCTION SCHEDULE…

    • 13739 Words
    • 88 Pages
    Powerful Essays
  • Satisfactory Essays

    bubbaganoosh

    • 515 Words
    • 3 Pages

    Urban Constructions has several policies, procedures and practices in place to protect the client, suppliers, our staff and our contractors. Limitations placed upon our team can restrict the project to what it will produce. To make this subdivision successful, we must follow these procedures.…

    • 515 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    PROJ598

    • 2385 Words
    • 11 Pages

    This will be single source negotiated contract. The instructions to the Contractor are provided below.…

    • 2385 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    5. Checking account balance $700,000; cash restricted for future plant expansion $500,000; short-term Treasury bills $180,000; cash advance received from customer $900 (not included in checking account balance); cash advance of $7,000 to company executive, payable on demand; refundable deposit of $26,000 paid to federal government to guarantee performance on construction contract.…

    • 1153 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Finance Study Guide

    • 487 Words
    • 2 Pages

    You are working on a bid to build two city parks a year for the next three years. This project requires the purchase of $180,000 of…

    • 487 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    − General Projects and other items such as Masterplan, Section 106 constructions, Project insurances and Security associated with the construction phase…

    • 952 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Landscape Procurement Plan

    • 2681 Words
    • 11 Pages

    | Limited experience on a Bobcat. More cost effective to hire the work out. Landscape companies routinely perform this type of work…

    • 2681 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Undertake management responsibilities for some or all aspects of the design and construction of new construction or refurbishment projects…

    • 893 Words
    • 4 Pages
    Good Essays
  • Good Essays

    building a new structure

    • 1808 Words
    • 8 Pages

    (a) The successful contractor must be a certified installer of the infrastructure components being provided and show proof thereof.…

    • 1808 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Easement and Review Quiz

    • 391 Words
    • 2 Pages

    (d) to be valid, a Notice of Completion must be recorded within 10 days after the completion of construction…

    • 391 Words
    • 2 Pages
    Good Essays

Related Topics