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Engineering Procurement And Construction Agreement
"Need an Engineering Procurement And Construction Agreement for a petrochemical plant project in Jubail Industrial City, Saudi Arabia, with project completion scheduled for December 2025; agreement must include technology licensing provisions and local content requirements as per Saudi Aramco standards."
1. Parties: Identification of the contracting parties, including full legal names, addresses, and registration details
2. Background: Context of the agreement, project overview, and basis for the contract
3. Definitions and Interpretation: Comprehensive definitions of terms used in the agreement and rules of interpretation
4. Scope of Work: Detailed description of engineering, procurement, and construction obligations
5. Contract Price and Payment Terms: Price structure, payment schedule, milestones, and payment mechanisms
6. Project Schedule: Timeline, key milestones, completion dates, and scheduling obligations
7. Contractor's Obligations: Detailed responsibilities including design, procurement, construction, testing, and commissioning
8. Owner's Obligations: Owner's responsibilities including site access, permits, and approvals
9. Quality Assurance and Control: Quality standards, inspection procedures, and testing requirements
10. Changes and Variations: Procedures for handling changes to scope, price, or schedule
11. Testing and Commissioning: Requirements and procedures for testing, commissioning, and performance guarantees
12. Completion and Handover: Conditions for substantial and final completion, acceptance criteria
13. Defects Liability: Warranty obligations and defect rectification procedures
14. Insurance and Liability: Required insurance coverage and liability allocation
15. Force Majeure: Definition of force majeure events and consequential procedures
16. Suspension and Termination: Rights and procedures for contract suspension and termination
17. Dispute Resolution: Procedures for resolving disputes, including arbitration provisions
18. Governing Law: Confirmation of Saudi Arabian law as governing law and relevant jurisdictional matters
1. Performance Security: Requirements for performance bonds or guarantees, used when additional financial security is required
2. Export Control: Provisions dealing with import/export regulations, needed for international procurement
3. Technology License: Terms for technology transfer and licensing, included when proprietary technology is involved
4. Environmental Compliance: Specific environmental obligations, included for environmentally sensitive projects
5. Local Content Requirements: Provisions for meeting Saudi local content requirements, included when applicable to project scope
6. Training and Knowledge Transfer: Requirements for training owner's personnel, included when operational training is needed
7. Intellectual Property Rights: Specific IP provisions, included when significant IP rights are involved
8. Parent Company Guarantee: Terms of parent company support, included when contractor's financial strength needs reinforcement
1. Schedule 1 - Scope of Work: Detailed technical specifications and scope description
2. Schedule 2 - Project Schedule: Detailed project timeline with milestones and critical path
3. Schedule 3 - Price Schedule: Detailed breakdown of contract price and payment milestones
4. Schedule 4 - Site Information: Site details, conditions, and access requirements
5. Schedule 5 - Technical Standards: Applicable technical standards and specifications
6. Schedule 6 - Key Personnel: List of key personnel and their roles
7. Schedule 7 - Forms of Guarantees: Templates for various guarantees and bonds
8. Schedule 8 - Testing and Commissioning Procedures: Detailed procedures for testing and commissioning
9. Schedule 9 - Permits and Licenses: List of required permits and responsible parties
10. Schedule 10 - Insurance Requirements: Detailed insurance requirements and coverage limits
11. Appendix A - Drawing List: List of contract drawings and specifications
12. Appendix B - Form of Monthly Progress Report: Template for progress reporting
13. Appendix C - Quality Assurance Plan: Detailed quality management procedures
14. Appendix D - HSE Requirements: Health, safety, and environmental requirements
Authors
Applicable Laws
Applicable Permits
As-Built Documents
Background IP
Bank Guarantee
Basic Engineering Design
Best Industry Practice
Change Order
Commissioning
Completion Date
Confidential Information
Construction Documents
Contract Price
Contractor
Contractor's Documents
Contractor's Equipment
Defects Liability Period
Detailed Engineering
Effective Date
Employer
Employer's Requirements
Environmental Requirements
Final Acceptance
Final Completion Certificate
Force Majeure Event
Good Engineering Practice
Governing Law
Guarantee Test
Hazardous Materials
HSE Requirements
Intellectual Property Rights
Key Personnel
Letter of Credit
License Agreement
Liquidated Damages
Local Content Requirements
Mechanical Completion
Milestone
Notice to Proceed
Owner
Performance Guarantees
Performance Security
Performance Tests
Permits
Project
Project Schedule
Provisional Acceptance
Punch List
Quality Assurance Plan
Ready for Commissioning
Ready for Start-up
Scope of Work
Site
Specifications
Subcontractor
Substantial Completion
Taking-Over Certificate
Technical Standards
Technology License
Termination Event
Testing Procedures
Time for Completion
Variation
Warranty Period
Work
Working Day
Zakat and Tax Requirements
Scope of Work
Contract Price
Payment Terms
Project Schedule
Design Obligations
Procurement Obligations
Construction Obligations
Quality Assurance
Testing and Inspection
Health and Safety
Environmental Protection
Local Content Requirements
Performance Guarantees
Warranties
Variations
Force Majeure
Delay and Extensions of Time
Liquidated Damages
Insurance
Indemnification
Intellectual Property
Confidentiality
Assignment and Subcontracting
Suspension
Termination
Dispute Resolution
Governing Law
Notices
Site Access and Conditions
Materials and Workmanship
Documentation Requirements
Progress Reporting
Commissioning
Completion and Handover
Defects Liability
Performance Security
Parent Company Guarantee
Taxes and Duties
Export Control
Compliance with Laws
Anti-corruption
Records and Audit Rights
Risk Allocation
Title and Risk
Personnel Requirements
Interface Management
Technology Transfer
Training Obligations
Oil & Gas
Power Generation
Petrochemicals
Infrastructure Development
Industrial Manufacturing
Mining & Metals
Renewable Energy
Water Treatment
Healthcare Facilities
Transportation Infrastructure
Real Estate Development
Defense Infrastructure
Legal
Project Management
Engineering
Procurement
Construction
Commercial
Finance
Risk Management
Compliance
Health Safety Environment
Quality Assurance
Operations
Business Development
Technical Services
Contract Administration
Project Director
Contract Manager
Chief Legal Officer
Project Manager
Engineering Manager
Procurement Manager
Construction Manager
Commercial Director
Risk Manager
Technical Director
Finance Director
Compliance Officer
HSE Manager
Quality Assurance Manager
Operations Director
Business Development Manager
Legal Counsel
Chief Executive Officer
Chief Financial Officer
Technical Advisor
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