CONSTRUCTION AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This CONSTRUCTION AGREEMENT made and executed this _____ day of February 2026 in
the City of Quezon City by and between:

Spouses , with residential address at HOME ADDRESS hereinafter referred to as the

OWNERs;

-and-

Konsepto Building Construction, a single-proprietorship construction enterprise duly

organized and existing under the laws of the Philippines, with office address at 8C, La Katrina
Villas, Upsilon Dr. Ext., Brgy. Matandang Balara, Quezon City represented by its Proprietor-
Manager Ar. Norvin Joseph L. Gomez, hereinafter referred to as the CONTRACTOR;

WITNESSETH:

WHEREAS, the OWNERS, have decided to build a [PROJECT NAME] located at

[PROJECT location]; on their lot covered by Transfer Certificate of Title No. T-_________,

WHEREAS, the CONTRACTOR has offered its services to the OWNERS to construct
and to complete the aforementioned Residential Bungalow in accordance with the plans and
specifications hereinafter referred to as Design and Contract Documents, which the
OWNERS accepted the offer but subject to the following terms and conditions:

ARTICLE 1. DESIGN AND CONTRACT DOCUMENTS. - The following Design

and Contract Documents, copies of which are attached hereto as Annexes “A” to “D” hereof,
as prepared by Ar. Norvin Joseph Gomez (DESIGNER), in his capacity as the LICENSED
ARCHITECT shall form part of this agreement:

(a) Annex “A” - Architectural Plans & Technical Specifications;

(b) Annex “B” - Structural Plans;
(c) Annex “C” - Electrical Plans;
(d) Annex “D” - Plumbing Plans.

The OWNERS shall be furnished by the CONRACTOR with copies of the following
documents or records (a) within seven (7) days from the approval thereof by the Local
Government of Manila or (b) within seven (7) days from the completion, approval and signing of
the final official versions thereof by the parties -- whichever comes first -- to wit:

(a) The original copies or duplicate original copies of the FINAL DESIGN
AND CONTRACT DOCUMENTS.

(b) The original copies or duplicate original copies of ALL BUILDING

AND OTHER INCIDENTAL LICENSES AND PERMITS officially processed,
approved, issued and released by the Building Official and other concerned offices of the
Local Government of ____________, pursuant to applicable building and other laws.

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 (c) The original copy or duplicate original copy of the PRELIMINARY
AND FINAL SCOPE OF WORKS AND AMENDED VERSIONS THEREOF,
detailing.

(i) the construction-related activities involved,

(ii) the time or schedule of commencement and completion of the
stipulated works and services,
(iii) the final turnover of the [PROJECT NAME]
(iv) the necessary construction-related charts, graphs, illustrations, and
documentations, and
(v) all other topics, items and information related to the Construction;

(d) The original copy or duplicate original copy of the PRELIMINARY

AND FINAL BILL OF MATERIALS AND AMENDED VERSIONS THEREOF,
and

(e) The original copies or duplicate original copies of all other relevant
materials, documents, records, plans, papers and legal instruments as may be required
from time to time by the OWNERS from the CONTRACTOR for the information and
reference of the OWNERS.

ARTICLE 2. SCOPE OF WORK.

The CONTRACTOR shall:

(a) Furnish all materials, tools and equipment as enumerated in the Bill of Quantities,
technical knowhow and supervision therein; and

(b) Perform all the works stipulated and required under this Agreement. In conformity in
all respects with the provisions of this agreement (Reference Annex F – Bill of
Quantities), as follows:

A. General Requirements
B. Site and Earthworks
C. Concrete
D. Reinforcing Bars
E. Formworks, Scaffolding and Staging
F. Masonry Works
G. Roofing Works
H. Architectural Finishing Works
I. Waterproofing Works
J. Doors
K. Plumbing Works
L. Electrical Works
M. Painting Works

The CONTRACTOR shall secure the Permits and Licenses (Building Permits,
Occupancy Permits and other Incidental Permits) required by the Building Official and other
concerned internal offices of the Local Government of Manila at the expense of the OWNERS
and subject to the right of the OWNERS to examine the expenses incurred for said
purposes and the documentary proofs thereof.
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 ARTICLE 3. EXCLUSIONS. - The OWNERS-supplied materials (OSM) such as A.
Finishes A.1. Floor Finishes, A.2. Wall Finishes, B. Doors & Windows, C. Plumbing Fixture
D. Electrical and Mechanical Fixture and, furnishings(curtain, pillows, etc), appliances,
and all modular cabinets and the like are excluded from the obligations of the
CONTRACTOR under this Agreement. Some OSM items are to be installed by the
CONTRACTOR as stated in Annex E: Bill of Quantities.

Perimeter Fence, Landscape works, and outdoor decks are excluded from the scope
of the CONTRACTOR under this Agreement.

All Bonds, Taxes, Insurances (except CARI as stated in Article 7) and village Fees
are excluded from the obligation of the CONTRACTOR under this Agreement. Construction
Bonds, Government Tax and the like are to be shouldered by the OWNERS.

All Electricity and Water Bills during construction are excluded from the obligation
of the CONTRACTOR under this Agreement. These bills are to be shouldered by the
OWNERS.

Any Pest Control and related works are also excluded from the scope of the
CONTRACTOR under this Agreement. The CONTRACTOR will not be held liable for any
damage caused by any Pest (eq. rats, cockroaches, termites, other pests) during and after the
construction.

All Items and/or Materials which are not indicated in the Design, Drawing Plans, or
Contract Documents and which are not discussed, approved, and signed by the parties to this
Agreement shall be excluded from their respective obligations.

ARTICLE 4. CONTRACT AMOUNT. - The CONTRACT AMOUNT shall be

AMOUNT IN WORDS PESOS (P AMOUNT IN NUMBERS ).

The OWNERS shall not incur any expenses above and beyond the aforementioned
agreed contract amount, except for the additional or extra works or changes that may be
required and authorized in writing by the OWNERS and consented to in writing by the
CONTRACTOR.

ARTICLE 5. TERMS OF PAYMENT. - Payment for this Contract shall be based on

the following:

(a) Down Payment - Thirty Percent (30%) of the Total Contract Price, upon
contract signing;

(b) Progress Billings – Sixty Seven point Five Percent (67.5%) of the Total
Contract Price, subdivided by each month of construction; subject to a Retention of
Two point Five Percent (2.5%) of the total contract price to be released 1 month after
Turn-Over to the OWNERS of the Finished Project and the Occupancy of the
Residential Bungalow by the OWNERS.

SCHEDULE OF PAYMENT
1st Payment: CHECK 01: Downpayment 30.00%
2nd Payment: CHECK 02: 1st week of 2nd month 3.75%

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 3rd Payment: CHECK 03: 1st week of 3rd month 3.75%
4th Payment: CHECK 04: 1st week of 4th month 3.75%
5th Payment: CHECK 05: 1st week of 5th month 3.75%
6th Payment: CHECK 06: 1st week of 6th month 3.75%
7th Payment: CHECK 07: 1st week of 7th month 3.75%
8th Payment: CHECK 08: 1st week of 8th month 3.75%
9th Payment: CHECK 09: 1st week of 9th month 3.75%
10th Payment: CHECK 10: 1st week of 10th month 3.75%
11th Payment CHECK 11:1st week of the 11th month 3.75%
12th Payment CHECK 12: 1st week of the 12th month 3.75%
13th Payment CHECK 13: 1st week of the 13th month 3.75%
14th Payment CHECK 14: 1st week of the 14th month 3.75%
15th Payment CHECK 15:1st week of the 15th month 3.75%
16th Payment CHECK 16: 1st week of the 16th month 3.75%
17th Payment CHECK 17: 1st week of the 17th month 3.75%
18th Payment CHECK 18: 1st week of the 18th month 3.75%
Retention: CHECK 19: 1 Month After Acceptance 2.50%
100.00%

ARTICLE 6. QUALITY CONTROL, DEFECTIVE WORKS AND MATERIALS. –

The CONTRACTOR together with the DESIGNER shall perform Quality Control Checking
measures such as Punch Listing and Quality Checking Tests during construction period to
ensure the quality of workmanship of the project. In case there are defects, all defective
works discovered by the CONTRACTOR, the DESIGNER and/or OWNERS in the course of
the construction until the date of occupancy shall be promptly made good, repaired, remedied,
restored, corrected and rectified by the CONTRACTOR at its expense within seven days from
such discovery or within such reasonable period as may be mutually agreed upon by the
parties, at the option of the OWNERS.

All unsuitable, sub-standard, and poor-quality construction materials and works shall be
rejected by the DESIGNER and/or the OWNERS and shall be promptly made good, remedied,
corrected, rectified, and replaced by the CONTRACTOR at its expense, notwithstanding that
such works and materials were overlooked by the OWNERS.

If the work or any part thereof shall be found to be not in conformity with the agreed
specifications, the CONTRACTOR shall forthwith remove and replace such materials to
comply with the agreed specifications without need of demand by OWNERS.

All materials and workmanship are guaranteed by the CONTRACTOR for a period of
one (1) year from the date of the turn-over of the construction project.

The CONTRACTOR hereby guarantees and warrants the structural stability, strength
and integrity of the Residential Bungalow within the period mandated by the Civil Code of the
Philippines and other applicable building laws, rules and regulations.

ARTICLE 7. THIRD PARTY LIABILITY; and CONSTRUCTION ALL RISKS

INSURANCE. - The OWNERS shall be held free and harmless from any and all civil and
criminal liabilities and from any and all legal, administrative, judicial and extrajudicial claims,
demands, suits or actions by the Construction Workers, Staff, Personnel and Agents of the
CONTRACTOR, by any and all Third Parties and Entities, whether natural or juridical, and by
any and all concerned Local and National Government Agencies arising from, caused by, by

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reason of, or due to the construction of the subject residential building, such as, but not limited
to:

(a) Salaries, Wages, Allowances and Workers Benefits, as required by applicable

labor laws,
(b) Overtime pays, as required by applicable labor laws,
(c) Holiday pays, as required by applicable labor laws,
(d) Service incentive leaves, as required by applicable labor laws,
(e) Any and all other mandatory and existing leaves mandated and required by
applicable labor laws, rules and regulations,
(f) Thirteenth month pays, as required by applicable labor laws,
(g) Compensations for Injury or Death of the Construction Workers, Staff,
Personnel
and Agents of the CONTRACTOR, pursuant to applicable laws, rules and
regulations and/or by equity and natural justice,
(h) Compensations for all Injury or Death caused to and sustained by all Third
Parties or Entities, pursuant to applicable laws, rules and regulations and/or by
equity and natural justice,
(i) Premiums for the coverage of the Construction Workers, Staff, Personnel and
Agents of the CONTRACTOR under the Social Security System (SSS),
PHILHEALTH, and PAG-IBIG, and other relevant labor legislations, payable
by the CONTRACTOR to the Government, pursuant to applicable laws, rules,
and regulations and/or by equity and natural justice,
(j) Any and all Income and Other Kinds of Taxes of whatever nature and kind, as
well as all administrative and regulatory fees and charges of whatever nature and
kind, payable by the CONTRACTOR to the Local and/or National Governments,
pursuant to applicable laws, rules and regulations and/or by equity and natural
justice, and
(k) Any and all other legal or financial obligations of whatever nature and kind not
mentioned above which are payable by the CONTRACTOR to the Local and/or
National Governments pursuant to applicable laws, rules, and regulations and/or
equity and natural justice.

All of the forecited items shall be for the sole account or responsibility of the
CONTRACTOR.

The OWNERS shall not be held liable for all the forecited obligations or liabilities of the
CONTRACTOR which might incur from any third parties or entities arising from the supply of
materials, labor, or services rendered for the project.

The CONTRACTOR shall secure a CONSTRUCTION ALL RISKS INSURANCE at

its own expense for the benefit of and to secure, assure and protect the OWNERS, as the assured
party, from all claims, risks, suits, actions and demands by all persons or entities arising from the
subject construction activities.

The said CONSTRUCTION ALL RISKS INSURANCE shall be secured by the

CONTRACTOR prior to or at the latest within seven days from the date of the execution of this
Agreement.

The CONTRACTOR shall furnish the OWNERS the duplicate original copies of the
said CONSTRUCTION ALL RISKS INSURANCE and any and all of its related documents,
memoranda, records, papers, instruments, vouchers, official receipts and other proofs of payment
of the premiums thereof, the proofs of the execution and perfection of the said Insurance

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Contract, and the like, prior to or at the latest within seven days from the date of the execution of
this Agreement.

ARTICLE 8. CHANGES AND ADDITIONS. - In the event additional or revised

works not shown or indicated in the approved Design and Contract Documents are required or
ordered by the DESIGNER and/or the OWNERS, such additional or revised works required or
ordered by the DESIGNER and/or OWNERS shall be communicated in writing by the
OWNERS to the CONTRACTOR through written change orders or memoranda for mutual
discussion, approval and documentation and signing thereof by the parties to this Agreement.

All mutually discussed, approved, documented, and signed change orders or memoranda,
including all deletions and omissions, shall state the AGREED COSTS of the additional,
revised, deleted, or omitted works.

Such agreed costs may or may not result in the upward or downward adjustments of
the agreed Contract Price stipulated in Article 5 of this Agreement.

The change orders or memoranda shall indicate all agreed TIME EXTENSIONS that the
additional or revised works would entail.

All agreed costs shall be based on the prevailing market prices at the time the change
orders or memoranda are mutually approved and signed by the parties to this Agreement.

The specific amounts of the labor costs shall be indicated in the approved and signed
change orders or memoranda.

The CONTRACTOR shall be entitled to an amount equivalent to fifteen percent (15

%) of the total of the agreed costs to cover his profit margin and overhead expenses.

No change orders or memoranda shall be implemented without prior mutual

discussion, approval and signature by and between the parties.

ARTICLE 9. TIME OF COMPLETION. - The CONTRACTOR warrants that the

construction of the subject Project shall be completed within TWO HUNDRED EIGHTY (280)
working days, excluding Sundays & Holidays, counted (a) from the date of the issuance of the
Building Permit and other Related Licenses by the City Building Official and other
concerned internal offices of the Local Government of Bataan or (b) from the date the Site
is ready for construction as mutually determined by the parties -- whichever comes later.

ARTICLE 10. SAFEGUARDS. - The CONTRACTOR shall provide safeguards,

facilities, equipment and personnel for the full protection and safety of the construction site and
its entire premises and the safety and protection of the general public, pursuant to the standard
and/or acceptable norms and practices in the Construction Industry and/or as may be mandated
by applicable laws, rules and regulations.

The CONTRACTOR shall be solely responsible for and shall forever hold the
OWNERS free and harmless from and against any and all obligations, liabilities, damages,
losses, expenses, judgments, court costs or costs of suit, attorney's fees, litigation expenses,
demands, payments, suits, actions recoveries, decrees, executions and claims of whatever nature,
kind and description brought, commenced, instituted and/or recovered against the
CONTRACTOR and/or jointly against the OWNERS as the co-defendants of the
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CONTRACTOR (a) by any and all builders, agents, servants, laborers, employees or
representatives of the CONTRACTOR and/or (b) by any and all injured or aggrieved persons,
parties and/or entities arising from, by reason of, due to, and/or caused by the construction of the
subject Residential Bungalow.
The CONTRACTOR shall be solely responsible for and shall exclusively bear any and
all costs and expenses caused by any and all losses, damages, accidents, torts, wrongful acts,
crimes or felonies, deaths, injuries, and fire sustained by his laborers or workers, staff, personnel,
representatives and agents and/or by any and all Third Parties and Entities arising from or in
connection with the execution of the works and services stipulated in this Agreement.

ARTICLE 11. ESCALATION CLAUSE NOT APPLICABLE. - It is agreed that the

Contract Price stated in Article 5 of this Agreement is final and fixed.

It is not subject to escalations or increases in the amounts, rates and valuations of any
and all taxes, licenses, permits, materials, inflation, deflation, and/or devaluation of the
Philippine Currency.

However, in the event of new government-mandated increases in the minimum wages

of laborers issued after the date of the execution of this Agreement, the necessary adjustments
shall be made by the parties to comply therewith.

The said adjustments shall be subject to mutual discussion, agreement, consent, and
written approval by the parties prior to the implementation thereof.

ARTICLE 12. Any dispute or differences arising out or in connection with this contract shall
be settled by negotiation within a non-extendible period of 30 days from written demand by either party.
If such negotiation should fail, the same shall be referred to the Construction Industry Arbitration
Commission (CIAC) for settlement; first, through mediation under its Mediation Rules within a non-
extendible period of 48 days; or failing which, by arbitration under its Rules of Procedure Governing
Construction Arbitration by [indicate number: one or three] arbitrator(s). The appointment of mediator or
arbitrator/s shall be made in accordance with such Rules promulgated by the CIAC. The place of
mediation or arbitration shall be in Manila.

Xxx, xxx.

SPS. SPS.
Owner Owner

Ar. Norvin Joseph L. Gomez, UAP

Head Architect, Konsepto Building Construction

WITNESSES:

_____________________________ _____________________________

ACKNOWLEDGMENT

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BEFORE ME in Quezon City, Philippines on this ___th day of __________ 2026 personally
appeared:

– ID___________;and
Ar. Norvin Joseph L. Gomez – ID PRC Architect No. 30088.

who are known to me and to me known to be the same persons who executed the foregoing
Construction Agreement consisting of nine (9) pages, including the page on which this
Acknowledgment is written, which Construction Agreement is signed by the abovenamed parties
on the margin of each page thereof, and who acknowledged to me that the same is their free and
voluntary act and deed.

WITNESS MY HAND AND SEAL on the date and place first above written.

Notary Public
Doc. No. _____
Page No. _____
Book No. _____
Series of 2026.

Annexes:
Annex “A” - Architectural Plans & Technical Specifications
Annex “B” - Structural Plans
Annex “C” - Electrical Plans
Annex “D” - Plumbing Plans
Annex “E” – Bill of Quantities

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