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    EXCAVATIONS AGREEMENT

    Uploaded by

    Dennis Kigen

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    EXCAVATIONS AGREEMENT

    Uploaded by

    Dennis Kigen
    33 views3 pages

    Copyright

    © © All Rights Reserved

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    DOCX, PDF, TXT or read online from Scribd

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    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    33 views3 pages

    EXCAVATIONS AGREEMENT

    Uploaded by

    Dennis Kigen

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    EXCAVATIONS AGREEMENT

    This Excavations Agreement (“Agreement”) is made and entered into as of 11th


    November 2024, by and between:
    Artwood German Limited
    Address: P.o Box 76444-00508 Nairobi
    Hereinafter referred to as the "Client"
    AND
    Finder Speciality Limited
    Address: P.o Box 8280-00300 Nairobi
    Hereinafter referred to as the "Contractor"
    1. Scope of Work
    The Contractor agrees to perform the following excavation services at the location
    identified below:
     Site Name: Aya Luxury Residence
     Site Location: Kileshwa, Othaya Road on PLOT LR. 209/3272 & 209/3274
     Description of Excavation: Excavation for 3 basements, Approximately
    11000 cubic for both sites at the agreed rate.
     Additional Servies: The contractor shall supply backfill material to Haven
    Villas in Lavington approximately 200 trucks or more
    2. Terms and Conditions
     Start Date: 14/11/2024
     Completion Date: 1/1/2025
     Working Hours: 8.00am to 5pm
     Delays: Any delays to the project timeline should be communicated in
    writing. Extensions will be allowed for weather-related delays, unforeseen site
    conditions, or delays caused by the Client.
     Penalty for Delays shall be Kshs 100,000.00 per day
    3. Payment and Compensation
     Excavation Rate: Kshs. 500 per cubic for all class of rock and soil (Inclusive
    V.A.T) for works measured on site.
     Payment Schedule: Weekly payments as per work done, the client shall
    pay 80% of every invoice and the remaining balance to be paid upon
    completion
    4. Equipment and Materials
     The Contractor will provide all necessary equipment, tools, and materials for
    the excavation work.
     The Client agrees to provide access to the site and any permits or
    permissions required for the excavation to be carried out.
    5. Permits and Licenses
     The Client will be responsible for obtaining all necessary permits and licenses
    required for the excavation work, unless specified otherwise in this
    Agreement.
     The Client will ensure the site is free from any existing legal or zoning issues
    that could impede the work.
     The client shall not be responsible any contractor’s liabilities outside our site
    6. Safety and Compliance
     The Contractor will comply with all local, state, and federal regulations
    regarding safety, health, and environmental protection.
     The Contractor will maintain appropriate insurance coverage for his laborers
    and workers.
     The Contractor to ensure safety of neighbouring structures.
    7. Termination
     Either party may terminate this Agreement with written notice if there is a
    material breach of the terms.
     In the event of termination, the Client will pay the Contractor for all
    completed work and any costs incurred up to the point of termination.
    8. Dispute Resolution
     In the event of a dispute arising out of or in connection with this Agreement,
    both parties agree to first attempt to resolve the matter through mediation
    before pursuing legal action.
     If mediation is unsuccessful, the parties may pursue arbitration or litigation in
    a court of competent jurisdiction.
    9. Miscellaneous
     Force Majeure: Neither party will be liable for failure to perform due to
    events beyond their control (e.g., natural disasters, strikes, etc.).
     Amendments: Any amendments to this Agreement must be made in writing
    and signed by both parties.
     Governing Law: This Agreement will be governed by the laws of kenya.

    Signatures
    Client Name: ARTWOOD GERMAN LIMITED
    Signature: ___________________________
    Date: ___________________________

    Contractor Name: FINDER SPECIALITY LIMITED


    Signature: ___________________________
    Date: __________________________

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