Scribd
Upload
3K views2 pages

10 Years Guarantee Bond For Waterproofing Format

This document is a 10-year guarantee bond for waterproofing work. It establishes an agreement between a guarantor and employer (developer) to ensure structures are completely water and leak proof for 10 years following completion of waterproofing work. The guarantor agrees to make good any defects and render structures waterproof at their own cost within 7 days of receiving notice. The document is signed by both the guarantor and employer to finalize the agreement.

Uploaded by

Gurudatta Gas Service
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
3K views2 pages

10 Years Guarantee Bond For Waterproofing Format

This document is a 10-year guarantee bond for waterproofing work. It establishes an agreement between a guarantor and employer (developer) to ensure structures are completely water and leak proof for 10 years following completion of waterproofing work. The guarantor agrees to make good any defects and render structures waterproof at their own cost within 7 days of receiving notice. The document is signed by both the guarantor and employer to finalize the agreement.

Uploaded by

Gurudatta Gas Service
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

10 YEARS GUARANTEE BOND FOR WATERPROOFING FORMAT

GUARANTEE FOR WATERPROOFING

The agreement made this……………………….Day………………….2023


between…………………………………………………… (GUARANTOR) Or one part And the
M/s (................................................ Developers) (There in after called the EMPLOYER of the other
part).

WHERE AS THIS agreement is supplementary to the main contract here in after called the
contract/Work order no.…………………….Dated………………………………………………...and
Made between the GUARANTOR OF THE ONE PART and the EMPLOYER of the other part where
by the contract or inter alia, understood to render the building and structures in the said contract
recited completely water and leak proof. 

AND WHERE AS THE GUARANTOR agreed to give a guarantee to the effect that the said
structures will remain water and leak proof for 10 (Ten) years from the date of completion of work.

NOW THE GUARANTOR here by guarantees that the work done by him under item
Nos………………………………………………………………………….of  the contract quoted above will
Render the structures completely water and leak proof and the minimum life of such work shall be
10(Ten) years to be reckoned from the date of completion of the main contractor.

Provided that the guarantor will not be responsible for leakage caused by earthquake or cracks
caused by structural defects or by misuse of roof for any operations & use which will damage the
treatment on the roof or any alteration by way of any construction of additional storey or part or
due to adjoining construction involving removal in parts of the treatment done earlier or
replacement of flooring, buried pipes, sanitary fittings like water closet etc. in toilet.

During this period of guarantee the guarantor shall make good all defects and in case of any
defects being found, render the building water and leak proof to the satisfaction of the
EMPLOYER at Guarantors own cost and shall commence the work for such rectification within
seven days from the date of issue of the notice from the EMPLOYER calling upon him to rectify
the defects failing which the work shall be got done by the EMPLOYER by some other contractor
at the GUARANTOR’s cost and the decision of the EMPLOYER as to the cost payable by the
guarantor shall be final and binding.

IN WITNESS WHERE OF these presents have been executed by the Guarantor 


M/s……………………………………………………………………………………….and
by for and on behalf of M/s (............................. Developers) on the day, month and year first above
written.

UNDERSIGNED, SEALED and delivered by GUARANTOR 

In the presence of

UNDERSIGNED FOR AND ON BEHALF OF THE EMPLOYER BY

You might also like