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New Construction Agreement
"I need a New Construction Agreement for a 20-story commercial building project in Singapore's CBD, with a contract value of SGD 50 million and completion date in March 2025, incorporating green building requirements and BCA Green Mark standards."
1. Parties: Details of the contracting parties (employer and contractor)
2. Background: Context of the construction project and agreement
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 procedures in accordance with SOPA
6. Time for Completion: Project timeline, completion date, and milestone dates
7. Contractor's Obligations: Legal and operational responsibilities of the contractor
8. Employer's Obligations: Legal and operational responsibilities of the employer
9. Compliance with Laws: Statutory compliance requirements under Singapore law
10. Insurance and Indemnity: Required insurance coverage and indemnification provisions
1. Performance Bond: Requirements for performance security when project value exceeds certain threshold
2. Liquidated Damages: Compensation for delay or non-performance when specific completion dates are critical
3. Variations: Process for handling changes to scope in complex projects
4. Defects Liability: Post-completion warranty period for quality-sensitive projects
1. Schedule 1 - Specifications: Detailed technical specifications
2. Schedule 2 - Drawings: Approved construction drawings
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment milestones
4. Schedule 4 - Programme of Works: Detailed construction timeline
5. Schedule 5 - Insurance Requirements: Specific insurance coverage details
6. Appendix A - Site Information: Site details and conditions
7. Appendix B - Permits and Approvals: Required regulatory approvals
8. Appendix C - Quality Assurance Plan: Quality control procedures and standards
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