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Buyer Builder Agreement
"I need a Buyer Builder Agreement for a residential renovation project in Singapore, with a contract value of SGD 500,000 and specific provisions for sustainable materials and green building standards, scheduled to commence in March 2025."
1. 1. Parties: Identification and details of the buyer and builder
2. 2. Background: Context of the agreement and property details
3. 3. Definitions: Key terms used throughout the agreement
4. 4. Scope of Works: Detailed description of construction/renovation works
5. 5. Contract Sum and Payment Terms: Price, payment schedule, and payment conditions
6. 6. Timeline and Completion: Project schedule, milestones, and completion criteria
7. 7. Builder's Obligations: Builder's responsibilities and warranties
8. 8. Buyer's Obligations: Buyer's responsibilities and commitments
9. 9. Defects Liability: Terms for handling defects and warranty period
10. 10. Termination: Conditions and process for contract termination
1. Insurance: Additional insurance requirements and coverage details for larger construction projects or when specific risks need coverage
2. Variations: Process for handling changes to scope, recommended for complex projects where changes are likely
3. Intellectual Property: Rights to designs and documentation, necessary when custom designs or innovative solutions are involved
1. Schedule 1: Scope of Works: Detailed specifications, drawings, and plans
2. Schedule 2: Payment Schedule: Breakdown of payments and milestones
3. Schedule 3: Project Timeline: Detailed project schedule and milestones
4. Schedule 4: Materials Specification: Details of materials to be used
5. Appendix A: Drawings and Plans: Architectural and construction drawings
6. Appendix B: Permits and Approvals: Copies of relevant permits and authorizations
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