The Builder Buyer Agreement is a crucial document in Singapore's construction industry, used when a property buyer engages a builder for construction works. This agreement type is essential for both new constructions and major renovations, providing comprehensive protection for both parties under Singapore law. It includes detailed specifications of work, payment schedules, completion timelines, and quality standards, while ensuring compliance with local building regulations and industry standards. The agreement must align with Singapore's Building Control Act and related legislation, making it a fundamental tool for managing construction projects and protecting the interests of both builders and buyers.
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1. Parties: Identifies and defines the builder and buyer with full legal details
2. Background: Context of the agreement and brief description of the construction project
3. Definitions: Key terms used throughout the agreement
4. Scope of Works: Detailed description of construction works to be performed
5. Contract Price and Payment Terms: Construction cost, payment schedule, and payment conditions
6. Construction Timeline: Project schedule, milestones, and completion dates
7. Builder's Obligations: Responsibilities and commitments of the builder
8. Buyer's Obligations: Responsibilities and commitments of the buyer
9. Warranties and Defects Liability: Quality guarantees and defect rectification obligations
10. Termination: Conditions and procedures for contract termination
11. Dispute Resolution: Procedures for resolving disputes between parties
12. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Variations: Procedures for handling changes to scope of work (recommended for complex projects where changes are likely)
2. Green Building Requirements: Specific environmental and sustainability requirements (when project requires Green Mark certification)
3. Financing Arrangements: Details of any external financing or progressive payment schemes (when external financing is involved)
4. Force Majeure: Provisions for unforeseen circumstances and their handling (recommended for longer-term projects)
5. Intellectual Property Rights: Provisions regarding ownership of designs and technical documents (when custom designs are involved)
1. Schedule 1 - Detailed Specifications: Technical specifications, materials, and quality standards
2. Schedule 2 - Plans and Drawings: Architectural and engineering drawings
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment milestones
4. Schedule 4 - Construction Timeline: Detailed project schedule with milestones
5. Appendix A - Permits and Approvals: Copies of relevant building permits and regulatory approvals
6. Appendix B - Insurance Certificates: Required insurance documentation
7. Appendix C - Quality Standards: Detailed quality benchmarks and CONQUAS requirements
Relevant legal definitions
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