We had a triparty agreement between me, Brick and Bolt and Ordient Ventures Pvt ltd represented by Prajwal Kumar.
The main issue happened initially was the funds not getting paid to Contractor from BB due to some issues and due to which the work was getting delayed.
Though payments were made to BB the same were not flowing to Prajwal the contractor.
The commission of the entire project BB has taken at the beginning only breaching the contract of taking 0.6% on the work progress.
This affected our project and happened to stop the project for almost two to three months.
Later me and Ordient Ventures Pvt Ltd that is Prajwal agreed for direct payments to the contractor and rest of the terms remains same. The contractor was supposed to receive the payments after completion of a particular stage of work as mentioned in the contract.
The Prajwal the contractor convinced us to make the payments as per advance payment which we were supposed to make to Brick and Bolt to Ordient and accordingly he will complete the stage of works. But he never completed any stage of work on time and all the advance payment he used for his personal and other projects and make me suffer.
Now we are in the third year of the contract and the completion is not taking place. The Complete advance payments along with Extras which are exorbitantly high-priced extras are paid to the Contractor but in the last stages CP fittings and Window and tiles works are pending and the Contractor don’t have money which I have paid in advance.
Apart from the above points we would also like to confirm that all the materials used in the project are very low quality which are not as per agreement.
Now that we are in a hurry and it has been three years to completion, we would like the project to be completed asap by the contractor with the monies we have already paid.
The total contract price is Rs.81, 8LakhsI have paid the amounts in the following manner to both the parties, that is Brick and Bolt and Ordient/Prajwal Kumar.
Now that we are trying to complete the works pending. the plastering done is falling down while rubbing for painting.
- Thank You! We appreciate your effort.
