Agreement Ref: AGR-2026-AA6EA | Date: 20 Sep 2026
This Construction Agreement (hereinafter referred to as the "Agreement") is entered into on this 20 Sep 2026 by and between:
The First Party agrees to construct and deliver the works for project 5 Marla Spanish Luxury Villa (Phase 6 DHA) (Ref: PRJ-101) under TURNKEY specifications on the plot described below:
The total agreed contract price for complete execution of the works according to approved architectural plans is Rs. 11,500,000 (Pakistani Rupees), payable stage-by-stage strictly as per the Milestone Schedule below.
Payments shall be released by the Second Party upon physical verification of each milestone stage (assisted by AI Site Visual Inspection):
| # | Milestone Stage | Weightage (%) | Target Days | Amount (PKR) |
|---|---|---|---|---|
| 1 | Design, Mobilization & Token Advance Soil testing & architectural drawings |
5.00% | 15 Days | Rs. 575,000 |
| 2 | Excavation, Foundation Footings & Plinth Level (DPC) Stepped footings & bitumen DPC |
15.00% | 35 Days | Rs. 1,725,000 |
| 3 | Ground Floor RCC Columns & Roof Slab Casting Brickwork, rebar mesh, conduits, concrete pour |
20.00% | 45 Days | Rs. 2,300,000 |
| 4 | First Floor Structure & Rooftop Mumty Slab Casting Columns, first floor slab, mumty & tank |
20.00% | 45 Days | Rs. 2,300,000 |
| 5 | Brickwork Completion & Internal/External Plaster Parapet, 1:4 plaster, chicken wire mesh |
15.00% | 40 Days | Rs. 1,725,000 |
| 6 | Tile Flooring, Electrical Wiring & Plumbing Rough-Ins Porcelain tiles, PPRC pressure test, wiring |
15.00% | 45 Days | Rs. 1,725,000 |
| 7 | Paint, Fixtures, Woodwork & Final Handover Paint, ash wood doors, sanitary fixtures |
10.00% | 30 Days | Rs. 1,150,000 |
If the First Party fails to complete the construction works within the mutually agreed timeline, liquidated damages of Rs. 2,500 / day shall be applicable for every day of delay, except in cases of Force Majeure (war, riots, extreme floods, or government shutdown) or client-requested architectural revisions.
The Contractor guarantees the structural stability of the RCC framing for a period of 10 Years, and provides a 12-Month Defects Liability Warranty for plumbing, electrical wiring, and seepage prevention post-handover.
Any dispute arising out of or in connection with this contract shall be settled amicably, failing which it shall be referred to arbitration under the provisions of the Pakistan Arbitration Act, 1940 and Pakistan Engineering Council (PEC) standard bylaws.
Addendum #1: Additional 350 sq.ft terrace room approved.
This contract amendment was officially approved and digitally signed by Employer / Client Chaudhry Pervaiz Iqbal (Test Client) on 21 Sep 2026, 07:52 PM from verified IP 127.0.0.1.
Additional Approved Covered Area: +350 Sq.Ft | Revised Total Contract Sum: Rs. 15,115,500/-