Builder Development Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Builder Development Agreement

"I need a Builder Development Agreement for a 40-story commercial building project in Kowloon, Hong Kong, with specific provisions for green building certification and smart building technology integration, with construction scheduled to commence in March 2025."

Document background
The Builder Development Agreement is a crucial legal document used in Hong Kong's construction and development sector when engaging a builder or main contractor for development projects. This agreement is essential for projects ranging from commercial buildings to residential developments, incorporating Hong Kong's specific building regulations, construction standards, and legal requirements. The document typically includes comprehensive details about construction specifications, timelines, payment structures, quality standards, and risk allocation between parties. It serves as the primary contract governing the relationship between the developer and builder, ensuring clear understanding of responsibilities, compliance with local regulations, and providing mechanisms for project management and dispute resolution. The agreement must align with Hong Kong's Buildings Ordinance and related construction legislation, making it a fundamental tool for managing construction projects in Hong Kong's dynamic development landscape.
Suggested Sections

1. Parties: Identifies and provides full details of the developer/owner and the builder/contractor

2. Background: Sets out the context of the development project and the parties' intentions

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules

4. Scope of Works: Detailed description of the construction works to be undertaken

5. Contract Sum and Payment Terms: Specifies the agreed price, payment schedule, and mechanisms for variations

6. Commencement and Completion: States project timeline, completion dates, and provisions for extensions of time

7. Builder's Obligations: Comprehensive list of builder's responsibilities, including quality standards and compliance requirements

8. Developer's Obligations: Details the developer's responsibilities, including site access and necessary approvals

9. Variations: Procedures for requesting, approving, and implementing changes to the scope of works

10. Defects and Warranties: Provisions for defects liability period and warranties for workmanship and materials

11. Insurance and Indemnities: Required insurance coverage and indemnification obligations

12. Default and Termination: Circumstances constituting default and procedures for termination

13. Dispute Resolution: Procedures for resolving disputes, including mediation and arbitration provisions

14. General Provisions: Standard legal provisions including notices, governing law, and entire agreement

Optional Sections

1. Environmental Management: Required when project has significant environmental implications or requires specific environmental compliance

2. Heritage Protection: Necessary when development involves or affects heritage buildings or sites

3. Community Engagement: Include when project requires specific community consultation or management of community impact

4. Intellectual Property Rights: Required when custom designs or innovative construction methods are involved

5. Force Majeure: Detailed provisions for unforeseen events, particularly relevant in long-term or complex projects

6. Financing Arrangements: Include when project involves specific financing conditions or requirements

7. Performance Bonds: Required when additional security for performance is needed

8. Provisional Sums: Include when certain costs cannot be accurately determined at contract formation

Suggested Schedules

1. Schedule 1 - Construction Plans and Specifications: Detailed architectural and engineering drawings, technical specifications

2. Schedule 2 - Construction Program: Detailed timeline of construction phases and milestones

3. Schedule 3 - Price Schedule and Bill of Quantities: Detailed breakdown of costs and quantities for materials and works

4. Schedule 4 - Site Plans and Access Details: Site boundaries, access points, and temporary works areas

5. Schedule 5 - Quality Assurance Requirements: Specific quality standards, testing requirements, and acceptance criteria

6. Schedule 6 - List of Approved Subcontractors: Pre-approved subcontractors for specific aspects of the works

7. Schedule 7 - Form of Certificates: Templates for various certificates including practical completion and payment certificates

8. Schedule 8 - Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

9. Appendix A - Statutory Approvals and Permits: Copies of all relevant building and planning approvals

10. Appendix B - Environmental Management Plan: Detailed environmental management procedures and requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Construction

Real Estate Development

Property Management

Infrastructure Development

Commercial Real Estate

Residential Development

Industrial Development

Urban Planning

Architecture

Engineering Services

Relevant Teams

Legal

Construction

Project Management

Development

Commercial

Operations

Finance

Compliance

Risk Management

Technical Services

Property

Procurement

Relevant Roles

Development Director

Construction Manager

Project Manager

Contract Manager

Legal Counsel

Chief Executive Officer

Property Developer

Construction Director

Quantity Surveyor

Site Manager

Risk Manager

Commercial Director

Technical Director

Compliance Officer

Operations Manager

Finance Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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