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Building Contract Agreement
"I need a Building Contract Agreement for a 20-story commercial building project in Singapore's Central Business District, with specific provisions for green building certification and phased completion milestones throughout 2025."
1. Parties: Identification of the Employer and Contractor, including full legal names and registered addresses
2. Background: Context of the agreement, including project overview and purpose
3. Definitions: Key terms used throughout the contract and their specific meanings
4. Scope of Works: Detailed description of construction works to be performed
5. Contract Sum and Payment Terms: Price, payment schedule, and payment conditions
6. Time for Completion: Project timeline, completion date, and milestone dates
7. Contractor's Obligations: Key responsibilities and duties of the contractor
8. Employer's Obligations: Key responsibilities and duties of the employer
9. Variations: Process for handling changes to scope or specifications
10. Insurance and Indemnity: Required insurance coverage and indemnification provisions
1. Performance Bond: Security for performance of contract obligations - typically used for high-value projects or when required by employer
2. Liquidated Damages: Pre-agreed damages for delay or non-performance - used when specific completion dates are critical
3. Defects Liability Period: Period during which contractor must remedy defects - standard in most building contracts but duration may vary
4. Assignment and Subcontracting: Rights and restrictions regarding third-party involvement - used when subcontractors are likely to be involved
1. Schedule of Works: Detailed specifications and drawings of the works
2. Schedule of Rates: Breakdown of costs and rates for different elements
3. Project Timeline: Detailed project schedule with milestones
4. Technical Specifications: Detailed technical requirements and standards
5. Insurance Requirements: Specific insurance policies and coverage required
6. Quality Assurance Plan: Standards and procedures for quality control
7. Safety Requirements: Safety protocols and requirements
8. Forms and Certificates: Standard forms for variations, completion certificates, etc.
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