Dev Construction Company – Terms & Conditions

These Terms and Conditions (“Agreement”) outline the responsibilities, payment structure, and policies between Dev Construction Company (“Company”) and the Client (“Customer”) for construction services including building development, factory fabrication, house construction, RCC road construction, and related works.

Scope of Work

Dev Construction Company agrees to provide construction-related services as mutually discussed, approved, and documented in the project contract, work order, or agreement signed between the Company and the Client.

Payment Terms

To ensure smooth project execution, the Client agrees to follow the payment schedule below:

Initial Payment – 20%

At the time of signing the agreement between Dev Construction Company and the Client, the Client must pay 20% of the total project cost.

This amount covers the initial labour deployment, procurement of materials, and mobilization to the project site.

Second Payment – 30%

Once the project work has started and at least 25% of the work is completed, the Client must release the next 30% payment.

Third Payment – 30%

After further progress of the project and as per the project schedule, the Client must pay the next 30% to the Company.

Final Payment – 20%

After full completion of the project and final handover, the remaining 20% payment must be paid by the Client.

Project Cancellation / Termination by Client

If the Client decides to:

• Cancel the contract,
• Stop the project,
• Or withdraw from the agreement for any reason,

The following terms will apply:

Refund Policy

The Company will refund the Client’s paid amount after deducting:

• Cost of materials already purchased or transported to the site.
• Labour charges / wages for workers who were deployed or assigned to the Client’s site.
• Any other non-recoverable expenses incurred specifically for the Client’s project.

No additional penalty

The Company will not charge any extra penalty or cancellation fee beyond the actual material and labour costs.

Refund Timeline

After verification of expenses and material usage, the refundable amount (if any) will be returned to the Client within a mutually agreed timeline.

Client Responsibilities

• The Client must ensure timely payments as per the schedule to avoid delays.
• The Client must provide access to the site and necessary permissions for work to begin and continue.
• Any delay caused by the Client may affect the project timeline and cost.

Company Responsibilities

• The Company will execute the project using skilled labour, quality materials, and professional methods.
• The Company will maintain transparency regarding work progress and expenses.
• The Company will deliver the project within the agreed timeline, subject to availability of materials, weather conditions, and other external factors.