Stipulated Price Contract Template for Saudi Arabia

1. Performance Security: Requirements for performance bonds or guarantees, used for higher-value contracts

2. Advance Payment: Terms for advance payment and associated security, if applicable

3. Materials and Equipment: Specific provisions for procurement and handling of materials, used when materials are a significant component

4. Health, Safety and Environment: Detailed HSE requirements, mandatory for construction or high-risk projects

5. Local Content Requirements: Saudi market participation requirements, needed for government or regulated sector projects

6. Intellectual Property Rights: IP ownership and licensing provisions, used when design or technology transfer is involved

7. Confidentiality: Detailed confidentiality obligations, used for projects with sensitive information

8. Step-in Rights: Employer's right to step in and complete works, used for critical infrastructure projects

1. Schedule 1 - Scope of Work: Detailed technical specifications and drawings

2. Schedule 2 - Contract Price Breakdown: Detailed breakdown of the stipulated price

3. Schedule 3 - Project Timeline: Detailed program of works and milestone dates

4. Schedule 4 - Key Personnel: List of key personnel and their roles

5. Schedule 5 - Forms of Certificates: Templates for completion certificates and payment certificates

6. Schedule 6 - Technical Standards: Applicable technical standards and specifications

7. Schedule 7 - Site Information: Details of the project site and conditions

8. Schedule 8 - Forms of Securities: Templates for performance security and advance payment guarantee

9. Schedule 9 - Insurance Requirements: Detailed insurance requirements and minimum coverage

10. Appendix A - Required Permits: List of required permits and responsibilities

11. Appendix B - Equipment and Materials: Specifications for key equipment and materials