| Stage | Amount | Retention 5% |
|---|---|---|
Foundation | ₹6,00,000 | ₹30,000 |
Slab | ₹7,00,000 | ₹35,000 |
Brickwork | ₹5,50,000 | ₹27,500 |
- Scope
- Foundation · Slab · Brickwork · Quote revision retained
- Method
- Stage billing after linked tasks complete
- Payment due
- Within 14 days of bill issue
- Retention
- 5% of work value · release six months after actual handover and agreed evidence
- Advance recovery
- Mobilisation ₹1,85,000 · Recover ₹60,000 Foundation, ₹70,000 Slab, ₹55,000 Brickwork
- Security deposit
- Not applicable
- Client material recovery
- Not applicable
- Certification
- Not applicable
- GST basis
- 18% additional on the tax-invoice path
- Mobilisation
- 10% · ₹1,85,000 due on mobilisation
- Agreement
- PC-AG-001 · Revision 1
A revision of this agreement, a variation or a final account offered by Patil Constructions and accepted in PlinthBook by Rajesh Sharma through their signed-in account binds both Patil Constructions and Rajesh Sharma. The acceptance applies to the exact revision shown. Any differences, retention and defect obligations listed as remaining open in the accepted final account are not settled by that acceptance.