WORK/ SERVICE ORDER

Desi Construction Pvt Ltd Project : Tathastu II

10TH FLOOR, TOWER-B, VATIKA TOWERS, SECTOR-54, GOLF SECTOR-5, SOHNA, GURUGRAM, SOHNA, HARYANA, INDIA, PIN
COURSE ROAD, GURGAON, HARYANA, INDIA, PIN Code:122011 Code:122001
Sub-Project: : Tathastu II

S S CONSTRUCTIONS Work Order No T2WOJ/00027/24-25

A 4 / 1401, SAVIOUR PARK, MOHAN NAGAR , GHAZIABAD, Ghaziabad, Work Order Date 24/10/2024
Uttar Pradesh, 201002 Completion Date 31/12/2025
09BYGPS7782A1Z0
Work Type INTERIOR FITOUT
GSTIN: BYGPS7782A
PAN No.:
Work Details : Award of work order for interior finishing work at project Sec-05 Sohna (T2-Tower no-4)

SNo Work Description UOM Quantity Rate (Rs.) Amount (Rs.)

1 "False Ceiling Works SQM 1,364.000 602.00 821,128.00

"False Ceiling Works

Providing and fixing ceiling tiles of approved materials & make of size 600x600 mm in
true horizontal level, suspended on inter locking metal grid of hot dipped galvanized steel
sections ( galvanized @ 120 grams/sqm, both side inclusive) consisting of main ""T""
runner with suitably spaced joints to get required length and of size 24x38 mm made from
0.30 mm thick (minimum) sheet, spaced at 1200 mm center to center and cross ""T"" of
size 24x25 mm made of 0.30 mm thick (minimum) sheet, 1200 mm long spaced between
main ""T"" at 600 mm center to center to form a grid of 1200x600 mm and secondary
cross ""T"" of length 600 mm and size 24x25 mm made of 0.30 mm thick (minimum)
sheet to be interlocked at middle of the 1200x600 mm panel to form grids of 600x600 mm
and wall angle of size 24x24x0.3 mm and laying false ceiling tiles of approved texture in
the grid including, required cutting/making, opening for services like diffusers, grills, light
fittings, fixtures, smoke detectors etc. Main ""T"" runners to be suspended from ceiling
using GI slotted cleats of size 27 x 37 x 25 x1.6 mm fixed to ceiling with 12.5 mm dia and
50 mm long dash fasteners, 4 mm GI adjustable rods with galvanized butterfly level clips
of size 85 x 30 x 0.8 mm spaced at 1200 mm center to center along main T, bottom
exposed width of 24 mm of all T-sections shall be pre-painted with polyester paint. The
mineral fiber ceiling tile shall have NRC (Noise reduction coefficient) Value of 0.55 and
light reflection up to 88%. The work shall be carried out as per manufacturers
specifications and complete instruction of Project in-charge in all respect. (Make :
Diamond or equivalent) base rate 45/- sq.ft"(The base rate shall be inclusive of Material
cost for Framing part+Material cost for ceiling tiles part+Labour cost part)

2 OIL BOUND DISTEMPER SQM 48,581.000 71.36 3,466,740.16

Providing and applying two or more coats of oil bound distemper of approved brand and
color to give an even shade on new RCC work over one coat of approved primer
including the cost of preparing the surfaces with filling materials (putty 2mm minimum in
two coats), (Acro or equivalent.) Putty make Sakari/JK or as per approved by client.
Approved make of paints (Asian, Dulux, Nerolac or as per approved by client)

3 Grinding (OBD PART) SQM 48,581.000 5.38 261,462.94

grinding, rendering with mechanical grinder junction of concrete surface in wall / ceiling,
along with sand papering wherever required

4 GP-2 (OBD PART) SQM 48,581.000 5.38 261,462.94

Providing and laying of GP-2 wherever required

BASIC 4,810,794.04
IGST HSN:-995411 - Construction services of 865,942.93
Gross 5,676,736.97

Amount in Words: RUPEES Fifty Six Lac Seventy Six Thousand Seven Hundred Thirty Six And PAISE Ninety Seven Only

For : Desi Construction Pvt Ltd Accepted By

Prepared By Department - HOD Executive Director Director S S CONSTRUCTIONS

Page 1 of 1
 TERMS & CONDITION

Desi Construction Pvt Ltd Project : Tathastu II

10TH FLOOR, TOWER-B, VATIKA TOWERS, SECTOR-54, GOLF SECTOR-5, SOHNA, GURUGRAM, SOHNA, HARYANA, INDIA, PIN
COURSE ROAD, GURGAON, HARYANA, INDIA, PIN Code:122011 Code:122001

Work Order No Order Date Commencement Date Completion Date Work Type Payment Mode

T2WOJ/00027/24-25 24/10/2024 24/10/2024 31/12/2025 INTERIOR FITOUT As per Terms & Condition

Code Details
GTC001 Terms and conditions:
LAB1 PAYMENT TERMS:

1.0 RUNNING BILLS CERTIFICATION:

The contractor is required to submit monthly R/A Bill by 1st of every month, which will be checked and verified by the Project Manager and paid.
70% Payment shall be released as an adhoc as recommended by the Project Manager within 7 working days and balance amount of 30% within
15 working days upon submission of verified bill, however bill for respective month shall be paid by end of each month. The contractor is required
to accept the measurements and the bill with no further claims before it is forwarded by the Project Manager to the OWNER with his
recommendations for payments after deductions, if any.

The bills shall only be paid on receipt of recommendation from Project manager with all relevant documents and tax invoice. The contractor has
to ensure that the minimum value of each bill should not be less than the expected progress as per schedule.

The contractor shall submit along with the running bills, a certificate duly certifying that payments to the labour have been made. The
payments against each up to date running bills shall be released only after receiving the said certificate. The contractor shall submit such
certificate in the form of indemnification as attached in the Anneuxre –A.

1.1 FINAL BILL:

The final bill should be submitted within 15 days of completion of work with all relevant documents including reconciliation statement
of materials, as built drawings, etc. and will be cleared within 30 days from the date of submission of the bill duly accepted for measurements.
The maintenance period shall commence from the date of issue of Practical Completion of works or acceptance of measurements and abstract
of final bill whichever is later.

As an acceptance of the Final Bill the Contractor is to submit a no claim certificate confirming that there will not be any further Claim form the
Contractor on any ground. (Format Annexure-C)
1.2 CERTIFICATE OF PRACTICAL COMPLETION:
Contractor shall submit a request to notify the Practical Completion of works, have been carried out as per contract / V.O. The same
will be inspected by our authorized representatives and accepted if the works are free of defects. Upon satisfied inspection, a practical
completion certificate shall be issued by the Project Manager along with the list of defective works, if any. Contractor shall rectify the work within
the stipulated time advised in the practical completion certificate. Release of Practical Completion Certificate may be considered as the
commencement of DLP.

Final completion certificate shall be issued by the contract issuing authority on successful completion of DLP, Final account and
compliances. Final Completion Certificate shall be considered as the final document which releases both the contractor and employer from any
further contractual obligations

SECURED ADVANCES

The Contractor shall be entitled to receive payment as secured advance against non perishable material brought at site during the progress of
the execution of the Work upto 75% of the invoice value of material cost or 60% of the item rate whichever is lower for non perishable material
only, as approved by the Project Manager and are in accordance with the Contract ,which have been brought on the site in connection therewith
with the approval of the Project Manager and are adequately stored and or protected against damage by weather or other causes but which
have not at the time of advance been incorporated in the Works. The Contractor shall also submit an Indemnity Bond in favour of the Owner for
any theft / damage to the material for which Secured Advance is paid. When materials on account of which an advance has been made under
this sub-clause are incorporated in the Work the amount of such advance shall be deducted from the next payment made under any of the
clauses of this Contract. To clarify, it shall be ensured that any outstanding secured advances availed by the Contractor stands fully adjusted
from the amount due to the Contractor against final bill submitted by it to the Owner. The Contractor shall ensure that only such materials are
brought to the Site as are to be utilized in the Work under the Contract within a reasonably short time and it shall work out the same in
consultation with Project Manager in accordance with the construction drawings and other related documents. The Owner shall have complete
and absolute charge and lien on the items of material against which secured advance has been availed by the Contractor and the same shall be
treated as the property of the Owner and the Contractor shall not create any charge or lien on the same in favour of a third person or entity or try
to remove the same from the Site. However, the said items of material shall remain in the custody of the Contractor as agent of the Owner until
the same are properly utilized and accounted for by the Contractor or the secured advances availed by the Contractor has been fully recovered
from the sums due to it and till such time any loss or damage or wastage in respect thereof shall be the sole responsibility & to the account of the
Contractor.

1.3 GST FILES AND RETURNS:

The Contractor is required to deposit the applicable GST and file the returns as per the due date, and ensure that the same is filed in a timely
manner so that the GST credit appears in the next month’s GSTR. In case the Amount of GST credit is not appearing in the GSTR-2 of the next
month of the Company, the Company shall have the right to hold the total amount of GST from the subsequent invoices till the earlier GST credit
is correctly reflected and so rectified.

For : Desi Construction Pvt Ltd ACCEPTED BY

Prepared By Department - HOD Executive Director Director S S CONSTRUCTIONS

Page 1 of 5
 TERMS & CONDITION
2.0 RETENTION MONEY (SECURITY DEPOSIT)
The 'Contractor' shall permit the Owner at the time of making payment of running bill for Work done under the Contract to deduct Security
Deposit as specified hereinafter besides adjusting the sum already deposited as Earnest money, at the rate of 5% of the bills till the Work is
completed
DEFECT LIABILITY PERIOD
The Defect Liability Period shall cover 12 calendar months from the date of issuance of completion certificate and the Contractor shall have to
maintain the entire completed phase or whole of the Works during defect liability period in all the manner i.e. to restore all that was constructed
whether in terms of structure, finishes, services, site development Works, incidentals etc. in a manner so as it becomes the same as it was at the
time of issuance of completion certificate. The Contractor will have to fulfill all his obligations under the defect liability period at his own expense.
The defect liability period when applicable in respect of a particular phase shall be over after 12 months from the issuance of the completion
certificate of that particular phase whether defect liability period for the Works as a whole is over or not.
The defect liability period shall commence from the date of completion indicated in completion certificate. Provided that the Project Manager,
may issue such a certificate with respect to any phase of the Work, before the completion of the whole of the Works, which has been so
completed and/or used by the Owner/Project Manager. When any such certificate is given in respect of a phase of the Work, such phase shall be
considered as completed and the defect liability period of such phase shall commence from the date of completion indicated in completion
certificate
RELEASE OF RETENTION MONEY
The Retention Money as defined in Clause No-6 of Gernal /Special Condition of Contract, shall be released in the following stages:-
%age Work completed % age release

On commencement of defect liability maintenance period

immediately on the virtual completion of Work on issuance 50%
of the virtual completion certificate against an unconditional,
irrevocable & divisible Bank Guarantee from any nationalized
bank of equal amount.

The remaining 50% of retention money shall be released on

completion of Defects Liability Period, on the issuance of 100%
final completion certification, alongwith the original Bank
Guarantee submitted earlier.

3. VARIATION IN QUANTITIES:
The quantity of any particular item as indicated in the bill of quantities is estimated and tentative and is subject to variation to any
extent including deletion of any item (s). The OWNER may also delete or substitute any item during the currency of the contract due to project
requirement. However, the total contract value to be executed is subject to variation of plus or minus 10% (ten percent) of the contract value. For
any work to be executed beyond contract value, written permission of the OWNER shall be taken.

4. ESCALATION/FIRM RATES:
The contract rates as agreed and as mentioned in the BOQ shall remain firm till the completion of all scope of work and no price
escalation shall be made in respect of increase or decrease in cost of materials and services.

For materials mentioned with basic rates in BOQ and are to be procured by you after getting approval from Owner, any difference in
basic price due to selection of item with higher or lower rate than the basic rate shall be reimbursed/ recovered from you.

5. TAXES & DUTIES:

GST will be paid extra as applicable. However, you will be responsible for payment of ESI, Trade Tax, Royalty and Provident Fund etc. or other
statutory levies on materials and works, applicable as per Government rules. The Income Tax Deductable at source (TDS) at the applicable rate
will be deducted by the OWNER from all payments made to the contractor.

6. WATER AND POWER:

Water and power in client scope at a single point further distribution are in contractor scope

7.0 INSURANCE:

7.1 The Contractor shall also obtain Workmen Compensation policy for their workmen as well as for their subcontractors.
7.2 Contactor shall register with ESI/PF and maintain such welfare account for entire tenure of contract as mandatory.

8. LABOUR REGULATION:
A. Contractor shall be wholly and solely responsible for full compliance with the provisions under all labour laws and / or regulations
such as Payment of Wages Act 1948, Employees Liability Act 1938, Workmen’s Compensation Act 1923, Employees State Insurance Act 1948,
Employees Provident Fund Act 1952 (EPF), Building and other construction Workers (BOCW) (Regulation of Employment and Conditions of
Service Act 1996, Buildings and other Construction Workers Welfare Cess Act 1996, Industrial Disputes Act 1970, Maternity Benefit Act 1961,
the Contract Labour (Regulation and Abolition) Act 1970, Child Labour Act 1986 along with rules 1988 and the Factories Act 1948 or any
modifications thereof or any other law relating thereto and rules there under introduced from time to time.
B. Contractor shall at its own cost obtain a valid license for itself and the Owner/Principal Owner under the Contract Labour (R & A) Act
1970 and the Contract Labour (Regulation an Abolition) Central Rules 1971 and under any other applicable rules before the commencement of
the Work and continue to have a valid licenses until the completion of the Work.
C. Indemnity pertaining to Insurance:
The Contractor shall, except if and in so far as the Contract provides otherwise, indemnify and hold harmless the Owner against all
losses and claims for death of or injury to any person, loss of or damage to any property which may arise out of or in consequence of the

For : Desi Construction Pvt Ltd ACCEPTED BY

Prepared By Department - HOD Executive Director Director S S CONSTRUCTIONS

Page 2 of 5
 TERMS & CONDITION
execution and completion of the Works and the remedying of any defects therein, and against all claims, proceedings, damages, costs, charges
and expenses whatsoever in respect thereof or in relation thereto

9.0 SPECIFICATION AND QUALITY OF WORK:

The work shall be carried out to the utmost satisfaction of OWNER in accordance with technical specification of manufacturer. The
contractor here by understands that time, quality and finishing of installation work is governing the essence of this contract.

Any payment made to the contractor shall be considered as an advance. Before initiating to execute any activity, the vendor has to
take the written prior approval from the Client’s Authorized Representative. No Bill/ Payment will be acceptable for the work without written prior
approval.

The client will offload the work at any stage due to Non-performance or whatsoever reason and the Advances made to the vendor
will be adjusted from their bills or recover from any bill of other project related to the client or vendor liable to refund the same to the client.

No compromise on quality and workmanship shall be allowed.

10.0 LABOUR HUTMENT:

The labour hutments provided by the Owner..

11.0 SAFETY & SECURITY:

11.1 The Contractor shall be responsible for provision of safety arrangements and protective clothing for all operators on the Site
whether or not engaged in actual operations or supervision. The Contractor shall also be responsible for safety arrangements of all equipment
used for construction and shall employ trained workmen conversant with safety regulations. The Contractor shall use only tested equipment,
safety belts and tools and shall periodically renew tests to the satisfaction of OWNER/Project Manager. All test certificates shall be made
available to OWNER/Project Manager at the Site of Works. If at any time, in the opinion of OWNER/Project Manager this provision is not
complied with, the Contractor shall forthwith replace such equipment and tools.

11.2 The Contractor is to make sure to safe guard his and OWNER supplied materials at Site at its own cost and nothing extra shall be
paid by the OWNER even in case of theft and misplacement.
You shall ensure full safety of your equipment, manpower and carry out works in such a manner that it would not pose any hazards either to
their life or equipment or to the life of laborers or equipment’s of other contractors, client, consultants and their representatives working in the
premises. Safety plan and safety management arrangements shall be submitted by the contractor to the owner for reference. We reserve the
right to put in place adequate safety measures at your risk and cost, in case you are found inadequate in safety measures.

The Contractor shall comply with the safety and labour Welfare Acts, Rules and Regulations as mentioned in Annexure-II. However
the entire onus of safety of Contractor’s works lies with Contractor

12.0 STATUTORY CLEARANCES / APPROVALS:

Any clearances for carrying out construction activity (e.g. Labour licenses, PF/ESI, entry of your plant and machinery etc.) and
necessary commissioning and documentation supports in getting approval for the operation from the concerned authority shall be taken by you.
Engineering consultancy shall be Owner’s responsibility.

13.0 METHOD OF MEASUREMENTS:

13.1 The measurements for works executed shall be made according to the procedure set forth in the Bureau of Indian Standard
handbook of Method of Measurement of Building Works (SP 27 : 1987) / (IS: 1200) and subsequent amendments or modifications thereof. All
dimensions and measurements shall be in Metric Units.

14.0 HOUSE KEEPING AND CLEANING THE SITE:

14.1 The Site should be kept absolutely clean by the Contractor and housekeeping should be of the highest order. All debris generated
from floors should be brought down to the collection place. If the debris is not disposed by the Contractor as per advice of OWNER/Project
Manager, the same shall be disposed by the OWNER and twice the disposal cost will be recovered from the Contractor’s bill.

14.2 The Contractor shall comply with the deadlines of NGT as mandatory and avoid by all environmental pollution control norms issued
by authorities from time to time.

15.0 INDEMNITY:
15.1 The client and its associates companies/ subsidiaries and its Directors, Personnel, Officers and employees shall be indemnified and held
harmless by the contractor for and against any and all liabilities, losses, damages, claims, costs and expenses, interest and penalties (including,
without limitation, attorney’s fees and expenses) suffered or incurred by the client arising out of or resulting from the breach of any
representation, warranty, covenant or obligation of the contractor as contained in this Agreement.

15.2 The provision of this Clause relating to Indemnity shall survive the termination of this Agreement.

15.3 The Contractor shall, in this behalf, furnish, before signing of the Agreement an indemnity bond in the format, annexed hereto, on
non-judicial stamp paper of adequate amount.

16.0 CONTRACT AUDIT:

This contract will be subjected to periodic contract audit by employer through their in-house officials or the external competent
authority at its sole discretion. Results of these audits and any suggestions including compliance to contract terms missed out by the contractor,
improvement in work and workmanship and devaluation for deviations either in quality or contract terms within acceptable limit the shall be
accepted by the contractor and will be binding on him.

For : Desi Construction Pvt Ltd ACCEPTED BY

Prepared By Department - HOD Executive Director Director S S CONSTRUCTIONS

Page 3 of 5
 TERMS & CONDITION

17.0 QUARTERLY COMPLIANCES REPORT/ CERTIFICATE:

The Contractor is liable for all other statutory compliances related to site, labour, materials covered under various contract acts. The
statutory compliances shall cover Central, State, Local Legislation as applicable. He shall make all payments towards these compliances.
Nothing extra on this account shall be payable by Owner.

The Contractor is to submit a Quarterly audit report from a certified CA certifying the confirmation of payment towards compliances
i.e. ESI, PF, Labour wages etc.

18.0 DEFAULT OF CONTRACTOR:

If the contractor being an individual or a firm commits any “act of insolvency”, or shall be adjudged an insolvent or being an
Incorporated Company shall have an order for compulsory winding up made against it as pass an effective resolution for winding up voluntarily
or subject to the supervision of the Court and the official Assignee or the Liquidator in such acts of insolvency or winding up, as the case may be,
shall be unable within seven days after notice to him requiring him to do so, to show to the reasonable satisfaction of the Project Manager that he
is able to carry out and full fill the contract and to give security therefore, if so required by the Project Manager.

Or if the Contractor (when an individual, firm or incorporated Company) shall suffer execution or other process of Court attaching
property to be issued against the Contractor.

Or shall suffer any payment under this Contract (to be attached by or on behalf of any of the creditors of the contractor).

Or shall assign or sublet this Contract without the consent in writing of the Owner.
Or shall assign or sublet this Contract without the consent in writing of the Owner.

Or shall charge or in cumber this Contract or any payments due or which may become due to the Contractor hereunder.

Or if the Project Manager shall certify in writing to the Owner that the Contractor

Has abandoned the Contract, or

Has failed to commence the works, or has without any lawful excuse under these conditions suspended the progress of the works for
fourteen days after receiving from the Project Manager notice to proceed with the work, or

Has failed to processed with the works with such due diligence and failed to make such due progress as would enable the works to be
completed within the time agreed upon, or

Has failed to remove material from the site or to pull down and replace work for seven days after receiving from the Project Manager
written notice that the said materials or works were condemned and rejected by the Project Manager under these conditions, or

Has neglected or failed persistently to observe and perform all or any of the acts, matters or things by this contract to be observed and
[performed by the Contractor for seven days after written notice shall have been given to the Contractor requiring the contractor to observe or
perform the same.

Has gone on strike at site due to non-performance of sub-contractor or labour or any other reason.

Then and in any of the said cases the Owner may, notwithstanding any previous waiver, after giving seven days’ notice in writing to the
Contractor, determine the Contract, but without thereby affecting the powers of the Project Manager or the obligations and liabilities of the
Contractor, the whole of which shall continue in force as fully as if the Contract had not been so determined, and as if the works subsequently
executed had been executed by or on behalf of the contractor. And further, the owner by his agents or servants may enter upon and take
possession of the works and all plants, tools, scaffolding, sheds, machinery, steam and other power utensils and materials lying upon the
premises or the adjoining lands or roads and use the same as his own property or may employ the same by means of his own servants and
workmen in carrying on and completing the works or by employing any other contractor shall not in any way interrupt or do any act, matter or
things to prevent or hinder such other contractor or other person or persons employed for completing and finishing or using the materials and
plant for the works, When the works shall be completed or as soon, thereafter, as convenient the Project Manager shall give a notice in writing to
the contractor to remove this surplus materials and plant and should the contractor fail to do so within a period of fourteen days after receipt
thereof by him, the owner may sell the same by public auction, and give credit to the contractor for the net amount realized. The PMC/ Architect
shall, thereafter, ascertain and certify in writing under his hand what (if anything) shall be due or payable to or by the Owner, for the value of the
said plant and materials so taken possession of by the Owner and the expense or loss which the Owner shall have been put to in procuring the
works to be completed and the amount, if any, owing to the contractor and the amount which shall be so certified shall thereupon be paid by the
Owner to the contractor or by the contractor to the owner, as the case may be, and the certificate of the Project Manager/ Architect shall be final
and conclusive between the parties.

19.0 OTHER CONSIDERATIONS:

All other remaining terms & conditions of tender not specified above shall remain unchanged & shall be followed by you. No
deviation from Tender terms is permissible at any stage.

OWNER reserve the right to take over the site and carryout the work by engaging other agencies at your risk & cost in the event of
any failure in output by giving 03 (Three) days’ notice and no compensations of any kind shall be payable to you.

20.0 RESOLUTION OF DISPUTES:

All unresolved dispute(s) in respect of any decision of the Project Manager shall be referred to and resolved by sole arbitration of
MD of Owner/Client, or a Person nominated by him. Such arbitrations shall be conducted in accordance with the Arbitration and

For : Desi Construction Pvt Ltd ACCEPTED BY

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Page 4 of 5
 TERMS & CONDITION
Conciliation Act 1996, and shall be acceptable to both parties. The venue of arbitration shall be New Delhi.

21.0 JURISDICTION:
The Courts of Delhi alone shall have sole and exclusive jurisdiction to try and entertain any dispute arising out of this contract
regardless of the place of execution of this contract.”

This Contract shall be governed and construed in accordance with the laws of India. Only the courts of Delhi shall have exclusive
jurisdiction over any issue arising out of this Contract

22.0 FINAL SAY:

Notwithstanding anything contained herein, it should be clearly understood that OWNER shall have the FINAL SAY in all matters relating
to this Contract/Works/work order and its decision is FINAL and BINDING and will prevail in all cases of dispute.

You are requested to contact our Head-Project for further Instructions & Coordination and also forward us the acceptance of this Work Order by
signing the duplicate copy of the same and submit it to us by return post or in person.

We also look forward to working with you on this Project and congratulate you on your success.

For : Desi Construction Pvt Ltd ACCEPTED BY

Prepared By Department - HOD Executive Director Director S S CONSTRUCTIONS

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