JCT Associates Pvt. Ltd.

Finalization of Primary Terms and Conditions by incorporating Tender Documents Terms and Conditions to be Provided by Developer

Aligning Developer Commitments with Tender Document Conditions

After selection of the developer, it is essential to clearly finalise the primary terms and conditions of redevelopment. This step ensures that all commitments made by the developer in the tender and offer documents are correctly incorporated, aligned, and documented before execution of the Development Agreement.

Our Primary Terms & Conditions Finalisation Service helps societies consolidate, verify, and formalise all key terms in a transparent and legally consistent manner.

Purpose of Finalising Primary Terms & Conditions

• To capture all promises and commitments made by the developer

• To ensure tender conditions are not diluted or altered

• To avoid ambiguity before agreement execution

• To protect society and member interests

Scope of Our Services

1. Review of Tender Documents & Developer Offer

We examine:

• Tender document terms and conditions

• Developer’s submitted offer and annexures

• Clarifications and deviations, if any
  
  

2. Identification of Primary Commercial & Technical Terms

We help finalise key aspects such as:

• Carpet area entitlement and specifications

• Corpus fund, rent compensation, and timelines

• Amenities, specifications, and quality standards

• Project duration and milestone commitments
  
  

3. Incorporation of Legal & Safeguard Conditions

We ensure inclusion of:

• Bank guarantees and security provisions

• Penalty clauses for delay

• Termination and default conditions

• Member and society protection clauses
  
  

4. Alignment with Statutory Guidelines

Primary terms are aligned with:

• Society bye-laws

• Government Redevelopment Guidelines

• 79A Directions and applicable regulations
  
  

5. Preparation of Consolidated Primary Terms Document

We prepare a clear document that:

• Summarises all finalised terms and conditions

• Reflects tender and offer commitments

• Acts as the base document for drafting agreements
  
  

6. Support for Managing Committee & General Body Approval

We assist in:

• Presenting finalised terms to the Managing Committee

• Explaining key conditions to members

• Supporting resolutions for approval

Benefits of Proper Finalisation of Primary Terms

• No dilution of tender commitments

• Clear and unambiguous redevelopment framework

• Strong legal and commercial safeguards

• Smooth drafting of Development Agreement

• Reduced risk of future disputes

Our Assurance

We ensure that all primary redevelopment terms and conditions are accurately incorporated, clearly documented, and aligned with tender commitments, providing a strong and transparent foundation for society redevelopment.