The Equipment Purchase and Installation Agreement is a crucial document used in commercial and industrial transactions in Nigeria where equipment acquisition includes professional installation services. This agreement type is particularly important as it combines two distinct but related aspects: the purchase of equipment and its proper installation, ensuring both aspects are properly coordinated and governed under Nigerian law. The document is designed to protect both parties' interests by clearly defining responsibilities, technical specifications, timelines, and compliance requirements with Nigerian regulations, including Standards Organization of Nigeria (SON) guidelines and sector-specific requirements. It's commonly used in industrial upgrades, facility expansions, or new project implementations where specialized equipment requires professional installation. The agreement typically includes detailed technical specifications, warranty terms, acceptance testing procedures, and post-installation support arrangements.

1. Parties: Identification of buyer and seller/installer, including full legal names and registered addresses

2. Background: Context of the agreement, including brief description of the equipment purchase and installation requirement

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Supply: Detailed description of the equipment to be supplied and installation services to be provided

5. Price and Payment Terms: Purchase price, payment schedule, and payment methods

6. Delivery and Installation: Timing and logistics of delivery, installation process, and completion requirements

7. Title and Risk: Transfer of ownership and risk in the equipment

8. Seller's Obligations: Key responsibilities of the seller including quality assurance and installation standards

9. Buyer's Obligations: Key responsibilities of the buyer including site preparation and access

10. Testing and Commissioning: Procedures for testing the equipment and confirming proper installation

11. Warranties and Defects: Warranty terms, defect resolution process, and warranty period

12. Insurance: Required insurance coverage for equipment and installation work

13. Intellectual Property: IP rights related to the equipment and any associated software

14. Confidentiality: Protection of confidential information exchanged during the contract

15. Force Majeure: Provisions for dealing with events beyond parties' control

16. Termination: Grounds for termination and consequences

17. Governing Law and Dispute Resolution: Applicable law and methods for resolving disputes

18. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment