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Buyer Builder Agreement
"I need a Buyer Builder Agreement for a luxury residential villa construction project in Riyadh, with a completion date of March 2025, including specific provisions for high-end finishing materials and smart home integration."
1. Parties: Identification and details of the Buyer and the Builder, including licensing and registration information
2. Background: Context of the agreement, including property details and purpose of construction
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Works: Detailed description of construction works to be performed
5. Contract Price and Payment Terms: Total contract value, payment schedule, and payment conditions
6. Construction Timeline: Project schedule, milestones, and completion dates
7. Builder's Obligations: Comprehensive list of builder's responsibilities, including compliance with laws and regulations
8. Buyer's Obligations: Buyer's responsibilities including site access, approvals, and payment obligations
9. Quality and Standards: Construction standards, materials quality, and compliance with Saudi Building Code
10. Variations: Process for handling changes to scope or specifications
11. Inspections and Approvals: Procedures for work inspection and approval processes
12. Warranties and Defects Liability: Builder's warranties and defect rectification obligations
13. Insurance and Indemnities: Required insurance coverage and indemnification provisions
14. Default and Termination: Events of default and termination procedures
15. Dispute Resolution: Process for resolving disputes, including arbitration provisions
16. General Provisions: Standard legal provisions including notices, governing law, and entire agreement
1. Environmental Compliance: Specific environmental requirements and compliance measures, required for projects with significant environmental impact
2. Security and Performance Bonds: Requirements for performance bonds or other security, typically for larger projects
3. Intellectual Property: Protection of design rights and other IP, needed when custom designs are involved
4. Force Majeure: Provisions for unforeseeable circumstances, particularly important in long-term projects
5. Subcontracting: Rules and conditions for subcontracting, required when subcontractors will be used
6. Materials Storage and Security: Specific requirements for materials handling and site security, important for larger projects
7. Health and Safety: Detailed health and safety requirements, necessary for complex construction projects
8. Testing and Commissioning: Specific requirements for testing completed works, important for technical installations
1. Schedule 1 - Construction Specifications: Detailed technical specifications and requirements for the construction work
2. Schedule 2 - Site Plans and Drawings: Architectural plans, engineering drawings, and site layout
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment milestones and amounts
4. Schedule 4 - Construction Timeline: Detailed project schedule with milestones and completion dates
5. Schedule 5 - Required Approvals and Permits: List of necessary regulatory approvals and permits
6. Schedule 6 - Quality Standards: Specific quality standards and testing requirements
7. Schedule 7 - Insurance Requirements: Detailed insurance requirements and coverage limits
8. Appendix A - Form of Progress Certificate: Template for progress certification and payment approval
9. Appendix B - Variation Order Form: Template for documenting and approving variations to the work
10. Appendix C - Completion Certificate: Template for final completion certification
Authors
Applicable Laws
Approved Plans
Authority Approvals
Bill of Quantities
Building Permit
Builder
Buyer
Certificate of Completion
Commencement Date
Completion Date
Construction Documents
Construction Period
Construction Site
Contract Price
Contractor's Equipment
Day
Defects Liability Period
Delay Damages
Design Documents
Dispute
Environmental Requirements
Extension of Time
Final Completion Certificate
Force Majeure Event
Good Industry Practice
Governing Law
Guarantees
Independent Engineer
Intellectual Property Rights
Material Adverse Effect
Materials
Milestone
Municipality Requirements
Notice
Payment Certificate
Payment Schedule
Performance Bond
Permits
Practical Completion
Progress Report
Project
Project Manager
Quality Standards
Retention Money
Saudi Building Code
Schedule of Works
Scope of Works
Site
Specifications
Subcontractor
Substantial Completion
Technical Specifications
Variation
Variation Order
Warranty Period
Work Program
Works
Scope of Works
Contract Price
Payment Terms
Construction Timeline
Builder Obligations
Buyer Obligations
Site Access and Conditions
Materials and Workmanship
Quality Standards
Health and Safety
Environmental Compliance
Variations
Extensions of Time
Delay and Liquidated Damages
Testing and Inspection
Completion and Handover
Defects Liability
Warranties
Insurance
Indemnification
Security and Performance Bonds
Intellectual Property
Confidentiality
Force Majeure
Default
Termination
Dispute Resolution
Governing Law
Assignment and Subcontracting
Notices
Entire Agreement
Severability
Waiver
Compliance with Laws
Municipal Requirements
Labor Law Compliance
Representatives and Authority
Record Keeping
Progress Reporting
Site Safety
Risk Allocation
Claims Procedure
Property Rights
Permits and Approvals
Real Estate
Construction
Infrastructure
Residential Development
Commercial Property
Industrial Development
Hospitality
Healthcare
Education
Retail
Legal
Construction
Project Management
Procurement
Finance
Operations
Risk & Compliance
Technical Services
Property Development
Contract Administration
Construction Manager
Project Director
Legal Counsel
Contract Manager
Property Developer
Architect
Civil Engineer
Quantity Surveyor
Procurement Manager
Risk Manager
Compliance Officer
Finance Director
Technical Director
Operations Manager
Development Manager
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