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Builder Agreement
"I need a Builder Agreement for a commercial renovation project in Singapore, with a contract value of $2.5M and completion date of March 2025, including specific provisions for green building standards and phased completion milestones."
1. Parties: Identification and details of the builder and client
2. Background: Context of the agreement and project overview
3. Definitions: Key terms used throughout the agreement
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. Timeline and Completion: Project schedule, milestones, and completion requirements
7. Builder's Obligations: Core responsibilities and duties of the builder
8. Client's Obligations: Core responsibilities and duties of the client
9. Warranties and Quality: Quality standards and warranty provisions
1. Variations: Procedures for changes to scope - recommended for complex projects likely to require changes
2. Liquidated Damages: Compensation for delay or breach - recommended for time-critical projects
3. Performance Bond: Security for performance - recommended for high-value projects
4. Insurance Requirements: Specific insurance obligations - recommended for high-risk projects
1. Schedule of Works: Detailed breakdown of construction works
2. Schedule of Rates: Breakdown of costs and rates
3. Project Specifications: Technical specifications and requirements
4. Construction Drawings: Approved architectural and engineering drawings
5. Payment Schedule: Detailed payment milestones and amounts
6. Quality Standards: Specific quality requirements and benchmarks
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