Construction Contract Termination Agreement Template for Germany

1. Subcontractor Provisions: Required when subcontractors are involved, addressing termination of subcontracts and related liabilities

2. Insurance and Bonds: Include when specific arrangements for insurance policies or performance bonds need to be addressed

3. Intellectual Property Rights: Necessary when design rights or other IP need to be transferred or licensed

4. Defects Liability: Include specific provisions for handling known defects or ongoing warranty obligations

5. Third Party Claims: Required when there are pending or potential third-party claims to address

6. Confidentiality: Include when sensitive commercial information needs protection post-termination

7. Bank Guarantees: Required when there are outstanding bank guarantees to be released or maintained

1. Schedule 1 - Works Status Report: Detailed inventory of completed and incomplete works as of termination date

2. Schedule 2 - Financial Statement: Detailed breakdown of all financial claims, payments, and adjustments

3. Schedule 3 - Asset Register: List of materials, equipment, and documents to be transferred or removed

4. Schedule 4 - Outstanding Defects: List of known defects and agreed remedial actions

5. Schedule 5 - Handover Protocol: Detailed procedure for site handover and documentation requirements

6. Appendix A - Original Contract: Copy of the original construction contract and relevant amendments

7. Appendix B - Project Documentation: Relevant technical documentation, drawings, and certificates