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Construction Agreement
"I need a Construction Agreement for a commercial office building project in Singapore with a contract value of SGD 25 million, including specific provisions for green building certification and phased completion dates throughout 2025."
1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the construction agreement
3. Definitions: Key terms used throughout the agreement including references to relevant Singapore legislation
4. Scope of Works: Detailed description of construction works to be performed, including compliance with Building Control Act requirements
5. Contract Sum and Payment Terms: Price, payment schedule, and payment conditions in accordance with SOPA requirements
6. Timeline and Completion: Project schedule, milestones, and completion requirements
7. Contractor Obligations: Responsibilities including compliance with safety, environmental, and building regulations
8. Employer Obligations: Responsibilities including permits, approvals, and site access
9. Insurance and Liability: Required insurance coverage and liability provisions under Singapore law
10. Termination: Grounds and procedures for contract termination
1. Performance Bond: Security for performance of obligations, typically required for larger construction projects
2. Retention Sum: Provisions for retained payments as security against defects
3. Liquidated Damages: Pre-agreed damages for delay or specific breaches of contract
4. Dispute Resolution: Specific procedures for resolving disputes including mediation and arbitration options
1. Schedule of Works: Detailed specification of construction works and compliance requirements
2. Bill of Quantities: Itemized list of materials, quantities, and pricing
3. Construction Drawings: Technical drawings and specifications approved under Building Control Act
4. Project Timeline: Detailed project schedule with key milestones and deadlines
5. Payment Schedule: Breakdown of payment installments and timing in compliance with SOPA
6. Insurance Requirements: Detailed insurance specifications and coverage requirements under Singapore law
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