The Sale Agreement And Construction Agreement is a specialized contract used in Singapore when a property transaction involves both the sale of land or property and its construction. This dual-purpose agreement is particularly relevant for off-plan purchases or design-and-build projects where construction hasn't commenced or is ongoing at the time of sale. It ensures compliance with Singapore's strict building regulations while protecting both buyers' and sellers' interests through detailed specifications of construction standards, payment terms, and quality requirements. The document is essential for development projects requiring clear documentation of both property transfer and construction obligations under Singapore law.
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1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Works: Detailed description of construction and sale elements
5. Contract Price and Payment Terms: Price, payment schedule, and payment mechanisms
6. Timeline and Completion: Project schedule, milestones, and completion criteria
7. Quality and Standards: Construction standards, materials specifications
8. Warranties and Defects: Warranty terms and defects liability period
9. Insurance and Liability: Required insurance coverage and liability allocation
10. Termination: Conditions and procedures for contract termination
1. Variations: Procedures for changes to scope or specifications - recommended for complex construction projects with likely changes
2. Force Majeure: Provisions for unforeseen circumstances - recommended for long-term projects with significant risks
3. Environmental Compliance: Environmental protection requirements - recommended for projects with environmental impact
4. Subcontracting: Terms for engaging subcontractors - recommended when subcontractors are likely to be involved
1. Technical Specifications: Detailed technical requirements and standards
2. Payment Schedule: Detailed breakdown of payment milestones
3. Project Timeline: Detailed project schedule and milestones
4. Site Plans and Drawings: Construction drawings and site layouts
5. Material Specifications: Details of construction materials to be used
6. Quality Assurance Plan: Quality control procedures and requirements
7. Safety Requirements: Safety standards and procedures
8. Insurance Requirements: Detailed insurance specifications
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