Terminate Building Contract Template for India

1. Dispute Resolution: Include when there are existing disputes or likely areas of contention requiring specific resolution procedures

2. Work in Progress Assignment: Required when there are partially completed works that need to be assigned to a new contractor

3. Intellectual Property Rights: Necessary when dealing with design rights, drawings, or other IP created during the project

4. Insurance and Bonds: Include when addressing the treatment of existing insurance policies and performance bonds

5. Third Party Rights: Required when there are subcontractors or suppliers whose rights need to be addressed

6. Confidentiality: Detailed confidentiality provisions when dealing with sensitive commercial information

1. Schedule 1 - Original Contract Details: Details of the original building contract including dates, scope, and key terms

2. Schedule 2 - Outstanding Works Schedule: Detailed list of incomplete works and their status at termination

3. Schedule 3 - Financial Statement: Comprehensive statement of accounts, including payments made, outstanding amounts, and claims

4. Schedule 4 - Site Inventory: List of materials, equipment, and other assets on site

5. Schedule 5 - Required Handover Documentation: List of drawings, certificates, warranties, and other documents to be handed over

6. Schedule 6 - Defects List: List of known defects and incomplete works requiring attention