Conditions of Contract
We guarantee the equipment for 12 months, after putting the elevator into working order and we undertake to supply, free of cost all parts necessary to make good any defect in the material supplied by us, occurring during the time mentioned due to ordinary wear and tear, will full or accidental damages or other causes beyond our control and is subject to the conditions that our liability under it shall be limited to making good the defects mentioned above that all equipment shall be clean and free from dampness.
Our guarantee does not cover cage, light, fan, reflector bulb, mirror, cells and bells. If any third party is entrusted with the maintenance or or repair of our materials, or is allowed to interfere with it in any way our guarantee ceases immediately.
Our quotation includes for 12 months of free maintenance. The period of this maintenance will be deemed to commence on the date the installation is completed and offered for inspection. The date of commencement of this service will remain unchanged irrespective of any delay in building completion, availability of permanent power supply, inspection.
Taking over of commencing use of the elevator. We do not assume possession or control of any part of the equipment but they remain the owner's ( for los-see) property exclusively thereof. The Parts which are replaced will be our property.
10% of the contract amount as advance along with order, 15% of the contract amount against approval of the layout drawing from your side submitting the same to lift inspector, 20% of the contract amount against first lot materials intimation being ready for delivery, 25% of the contract amount against second lot materials intimation being ready for delivery (with 15 days from the date of first lot delivery) 20% of the contract amount against third lot matrials intimation being ready for delivery. Balance 10% will be against completion / PWD inspection. If the 3- Phase power supply is not available within 30 days from the date of completion of erection, the balance 10% of the contract amount should not be withheld, as it is not our responsibility.
10% of the contract amount as advance along with order, 15% of the contract amount approval of the layout drawing from your side, 65% of the contract amount against the intimation of the full material is being ready for delivery, 10% against completion of erection and PWD inspection. If the 3-phase power supply is not available within 30 days from the date of completion of erection, the balance 10% contract amount should not be withheld, as it is not our responsibility.
The contract amount of the accepted oder is valid for 8 months from the date of the acceptance of this estimate. If dalay occurs from your side due to any reason, 15% of the contract amount will be charged extra and this price will be valid for next 6 months and thereafter revised estimate will be submitted as per the prevailing price at that time.
The material for elevator can be kept ready for delivery in about 2-3 months after receipt of with advance payment settlement of all technical data and approval of our layout drwing whichever is later.
The time required for erection will be about 2-3 months after the complete materials have been delivered at site, or after the elevator shaft, machine room etc. are made available to us complete in all respects to our requirement as per layout drawing to carryon our erection work uninterruptedly, whichever is later.
You agree that the hoistway and machine room along with preparatory work shall be ready and the proper current available by he required date,after which we are to have their uninterrupted use.
In the event of any question of dispute of difference whatsoever arising between us and you in relation to or in connection with the contract either party may give to the other in writing or the existence of such question dispute or difference and the same shall be referred to arbitration as provided for and in accordance with the provisions of Indian Arbitration Act. All proceeding related to this contract shall be institued in Mumbai.
All disputes arising out of this contract are subject to the jurisdiction ofMumbai courts only.
In case the contract is cancelled by you, the following amount shall become payable to us immediately on cancellation:-