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Tender Agency Agreement
"Need a Tender Agency Agreement for a Singapore construction project where we'll appoint ABC Consultants Pte Ltd to manage procurement of contractors for our new office building development, with services starting March 2025 and running for 18 months."
1. Parties: Identification and details of the Principal and the Tender Agent
2. Background: Context of the agreement and brief description of the tender process
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and detailed scope of tender agent's services
5. Duration: Term of the agreement and renewal provisions
6. Agent's Obligations: Detailed responsibilities and duties of the tender agent
7. Principal's Obligations: Responsibilities and duties of the principal
8. Fees and Payment: Fee structure, payment terms, and expenses
9. Confidentiality: Confidentiality obligations regarding tender information
10. Termination: Grounds and process for termination
1. Performance Standards: Specific KPIs and service levels for complex tenders with measurable performance metrics
2. Anti-Corruption Provisions: Specific anti-corruption compliance requirements for high-value tenders or government contracts
3. Insurance: Insurance requirements and coverage when specific insurance coverage is required
4. Data Protection: PDPA compliance requirements when personal data processing is involved
5. Force Majeure: Provisions for unforeseen circumstances in longer-term agreements or high-value tenders
1. Schedule of Services: Detailed breakdown of tender agent's services
2. Fee Schedule: Detailed fee structure and payment milestones
3. Tender Process Timeline: Key dates and milestones in the tender process
4. Required Forms and Templates: Standard forms and templates to be used in the tender process
5. Compliance Checklist: List of regulatory and procedural requirements
6. Contact Details: Key personnel and emergency contacts
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