Payment terms & methods

Work Schedule Single Storey House Two Storey House
A. Advance Payment
To fix the price unchanged.
10% 10%
B. Work up to Foundation
Preliminaries, Earthwork, Rubblework, Plinth beams, Concrete bases
14% 7%
C. Work up to 1st floor Slab
Ground floor lintels, Brickwork, Columns
16% 8%
D. Work up to Slab – Top level
Concrete slab and all beams at slab level
12%
E. Work up to Roof level
Upper floor brickwork and columns up to roof level
8%
F. Roof construction
Calicut tilled roof and timber ceiling
17% 12%
G. Plaster and Services 1st Fix
Internal, External and Soffit plaster, Pipe laying for plumbing 30%, Electricity wiring, Fixing Doors and window frames.
8% 8%
H. Decoration and gutters and down pipes
Gutters and down pipes, Wall, Timber Ceiling and Slab soffit painting.
8% 8%
I. Wall and floor tilling
Wall and floor tiles
12% 12%
J. Doors and windows
Fixing doors and windows
12% 12%
K. Final Miscellaneous work
Fixing electricity switches, fixing bath fittings, and final miscellaneous work with final paint patching work
6% 6%
L. After completion 4% 4%

Note: All Payments should be made before the commencement of each stage.

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