Document background
The Project Agreement is a fundamental contract document used in Saudi Arabia to establish and govern project relationships between various parties. It is particularly relevant for large-scale developments, infrastructure projects, and commercial ventures that require detailed framework documentation. The agreement must comply with Saudi Arabian law, including Sharia principles, and typically includes comprehensive provisions covering project scope, timelines, payment terms, risk allocation, and dispute resolution mechanisms. It is essential for projects requiring structured execution, clear accountability, and regulatory compliance in Saudi Arabia, often involving both local and international stakeholders. The document serves as the primary reference point for project governance and helps ensure all parties understand their rights, obligations, and responsibilities throughout the project lifecycle.
