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Buyer Builder Agreement
"I need a Buyer Builder Agreement for a residential duplex construction project in Lagos, Nigeria, with a completion date of March 2025, including specific provisions for solar power installation and rainwater harvesting systems."
1. Parties: Identification and details of the buyer and the builder, including registration numbers and addresses
2. Background: Context of the agreement, including the buyer's intention to engage the builder for construction services
3. Definitions: Detailed definitions of terms used throughout the agreement
4. Scope of Work: Detailed description of the construction work to be performed, including type of building and specifications
5. Contract Price and Payment Terms: Total contract value, payment schedule, and payment conditions
6. Timeline and Completion: Project commencement date, completion date, and milestone deadlines
7. Builder's Obligations: Comprehensive list of builder's responsibilities, including compliance with regulations and quality standards
8. Buyer's Obligations: Buyer's responsibilities including site access, approvals, and payment obligations
9. Materials and Workmanship: Standards for materials, construction quality, and workmanship requirements
10. Variations: Process for handling changes to the original scope of work
11. Inspections and Approvals: Requirements for site inspections, quality checks, and necessary approvals
12. Defects Liability: Builder's responsibility for defects and the defects liability period
13. Insurance and Indemnity: Required insurance coverage and indemnification provisions
14. Termination: Conditions and process for contract termination by either party
15. Dispute Resolution: Process for resolving disputes between parties
16. Governing Law: Specification of Nigerian law as governing law and jurisdiction
17. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Environmental Compliance: Specific environmental requirements and compliance measures, used for projects with significant environmental impact
2. Security and Performance Bonds: Requirements for performance bonds or other security, used for larger projects or when required by financing
3. Subdivision Works: Additional provisions for projects involving land subdivision, used when applicable
4. Intellectual Property: Provisions regarding design rights and other IP, used when custom designs are involved
5. Financing Conditions: Special conditions related to project financing, used when external financing is involved
6. Force Majeure: Detailed force majeure provisions, used when additional protection against unforeseen events is needed
7. Local Community Relations: Provisions for managing local community relations, used in sensitive areas or large projects
1. Schedule 1 - Construction Plans and Specifications: Detailed architectural and engineering drawings, building specifications
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment stages and amounts
3. Schedule 3 - Construction Timeline: Detailed project timeline including all milestones and completion dates
4. Schedule 4 - Materials Specifications: Detailed list of approved materials and quality standards
5. Schedule 5 - Permits and Approvals: List of required permits and responsibilities for obtaining them
6. Schedule 6 - Warranty Terms: Detailed warranty terms and conditions
7. Appendix A - Site Plan: Detailed plan of the construction site and boundaries
8. Appendix B - Quality Control Procedures: Specific quality control and inspection procedures
9. Appendix C - Safety Requirements: Detailed safety protocols and requirements
Authors
Construction
Real Estate
Property Development
Residential Construction
Commercial Construction
Infrastructure Development
Urban Development
Architecture
Engineering Services
Project Management
Legal
Construction
Project Management
Real Estate
Property Development
Architecture
Engineering
Procurement
Finance
Compliance
Risk Management
Operations
Construction Manager
Project Director
Legal Counsel
Contract Manager
Property Developer
Real Estate Manager
Architect
Quantity Surveyor
Building Engineer
Site Supervisor
Procurement Manager
Compliance Officer
Risk Manager
Finance Director
Property Owner
Construction Company CEO
Development Manager
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