CONSTRUCTION AGREEMENT CUM PARTNERSHIP DEED

THIS AGREEMENT is made on 18th day of February 2017, by and between:

1. M/s JHANRNA PROCESS & ENGINEERING COMPANY, whose principal business address
is RZ 2042 / 27, FF 1, TUGHLAKABAD EXTENSION, NEW DELHI 110019, herein
referred as first party.

And,

2. M/s R S ENTERPRISES, whose principal business address is B 18, GROUND FLOOR,

NAWADA EXTENSION, NEAR NAWADA METRO STATION, NEW DELHI 110059,
herein referred as second party.

And by this agreement mutually agreed to engage in, undertake and carry on, Stone & Tile Works
Construction Project for Supreme Court, Pragati Maidan Site, New Delhi under the supervision of M/s
JMC Projects India Limited herein referred as client and any profits derive from and any liability for
losses arising out of the performance, be defined by an agreement in writing:

THEREFORE, it is agreed as follows:

A. OBLIGATIONS
That the second party shall provide copies of all original contract documents received from client
to the first parry in full.
B. SCOPE OF WORK
1. That the first party is responsible for manpower deployment as and when required for
completion of the said project.
2. That the first party shall also appoint a site engineer / supervisor for proper monitoring and
supervision of the project.
2.a Site Engineer / Supervisor deployed by the first party shall share DPR, manpower
progress report on daily basis to both the parties separately.
3. That the first party shall initially invest in the project for various expenses such as salary,
initial labor food, and miscellaneous site expenses, etc. if required before receiving first
payment from client.
4. That the second party shall carry out all documentation works such as Labor Compliance
Submission, Challan Submission, etc.
4.a The first party shall provide manpower data including details of attendance of workers
as per format provided by second party between 1st and 5th of every month.
4.b The second party shall provide soft copies of details of challan of ESI and PF before
15th day of every month.
4.c The first party shall pay the challan amount for PF & ESI before 15 th day of every
month.
Page 1 of 3
 4.d KYC of workers to be provided by the first party to the second party that includes:
Photo ID (Aadhaar Card / Voter ID / PAN Card).
Passport Size Photo (5 Copies).
Bank Account Details (Copy of Passbook / Cancelled Cheque / Bank Statement).
5. That the second party shall be responsible for RA Bill Generation, Submission and Clearance
from Client.
5.a The first party shall keep a track record of certified measurements on weekly basis
and shall provide hard copies of these certified measurements to the second party on
last day of every month for RA Bill generation and submission. However, if the first
party fails to submit the certified measurements on time then the second party has no
responsibility for delay in RA Bill generation and submission.
5.b The second party shall deduct 10% of billed amount against technical consultancy &
1% TDS from every RA Bill generated. Also, second party shall keep transparency of
such transactions mentioned in this clause with first party by providing Monthly
Bank Statement of second party as mutually agreed between both the parties.
5.c That the second party shall clear the payment of RA Bill amount generated within 45
days from the day of submission to client.
6. That the second party may also be involved in site supervision and monitoring of project
execution along with first party.

C. PAYMENT TERMS & CONDITIONS

1. That the partnership business and its assets shall have nothing to do with the personal
liabilities of the partners and the partners shall individually be responsible to meet the
same and shall always keep this agreement free from all such liabilities.
2. That the shares of the partners in the Profits and /or Losses of this partnership agreement
shall be as a ratio of 56% for first party and 44% for second party.
3. That all the partners shall be impartial and faithful to each other in all transactions
relating to the partnership and shall at all times be responsible to give an impartial and
faithful account of the partnership affairs.
4. That the payment to contractor, hired by either of the parties, shall be paid by second
party after bill clearance.
5. Any advance payment paid by first party to the contractor shall be deducted from
contractors RA Bill. And the amount deducted from Contractors RA Bill shall be paid
by second party to the first party after receipt of payment against same RA Bill.
6. Contractors payment shall be acknowledged and witnessed by both the parties.
7. That the second party shall issue PDC of calculated amount after deduction @ 11% of
RA Bill, as mutually agreed between both the parties, to the first party in advance at the
time of RA Bill generation.
8. That the partnership shall be at WILL.
Page 2 of 3
 9. That all disputes and questions in connection with the partnership or interpretation of this
deed arising between the parties or between any one of them and the legal representatives
and the other or between their legal representatives and whether during the continuation
of or after the termination of this deed shall be referred to Arbitration Act in force.

IN WITNESS WHEREOF the parties have set their respective hands, on this instrument of construction
agreement cum partnership deed, on the day, month and year as aforementioned.

For Jharna Process & Engineering Company For R S Enterprises

(First Party) (Second Party)
WITNESSES :- SIGNATURES :- WITNESSES :- SIGNATURES :-

1. 1. 1. 1.

Page 3 of 3