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The Building Construction Contract Agreement is a fundamental legal document used in the Philippine construction industry to formalize the relationship between property owners/developers and contractors. This agreement is essential for any construction project in the Philippines, whether commercial, residential, or industrial, and must comply with various regulations including the Civil Code of the Philippines, the National Building Code, and local building ordinances. The document typically includes detailed specifications of the construction work, pricing structures, payment schedules, completion timelines, quality standards, and dispute resolution mechanisms. It serves as the primary reference point for project execution and dispute resolution, incorporating requirements from the Construction Industry Arbitration Law and other relevant Philippine legislation. The agreement is particularly crucial for protecting all parties' interests while ensuring project delivery meets legal and technical standards.

1. Parties: Identification of the Owner/Employer and the Contractor, including their complete legal names, addresses, and registration details

2. Background: Context of the agreement, including brief description of the project and the parties' intentions

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Work: Detailed description of the construction work to be performed, including general obligations of the Contractor

5. Contract Price and Payment Terms: Total contract price, payment schedule, terms of payment, and procedures for progress payments

6. Project Timeline: Construction schedule, completion date, milestones, and provisions for extensions of time

7. Materials and Workmanship: Standards for materials, quality requirements, and workmanship specifications

8. Contractor's Obligations: Detailed responsibilities including labor, equipment, permits, safety measures, and site management

9. Owner's Obligations: Responsibilities of the owner including site access, approvals, and owner-supplied materials if any

10. Supervision and Inspection: Rights and procedures for supervision, inspection, and approval of work

11. Variations and Changes: Procedures for handling changes to scope, specifications, or other contract terms

12. Warranties and Defects Liability: Warranty terms, defects liability period, and remediation procedures

13. Insurance and Bonds: Required insurance coverage and performance/surety bonds

14. Force Majeure: Provisions for unforeseen circumstances and their impact on contract obligations

15. Termination: Grounds and procedures for contract termination by either party

16. Dispute Resolution: Procedures for resolving disputes, including reference to Construction Industry Arbitration Commission

17. General Provisions: Standard clauses including notices, governing law, assignment, and entire agreement