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Standard Form Of Agreement Between Owner And Contractor
"I need a Standard Form of Agreement Between Owner and Contractor for a 20-story commercial building project in Lagos, Nigeria, with construction starting March 2025, including specific provisions for green building certification and local content requirements."
1. Parties: Identification and details of the Owner and Contractor, including registration numbers and addresses
2. Background: Context of the agreement, project overview, and basis for the contractual relationship
3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules for interpreting the contract
4. Scope of Work: Detailed description of the work to be performed by the Contractor
5. Contract Price and Payment: Amount payable, payment schedule, payment terms, and invoicing requirements
6. Project Timeline: Commencement date, completion date, project milestones, and extension provisions
7. Contractor's Obligations: Key responsibilities and duties of the Contractor including quality standards
8. Owner's Obligations: Key responsibilities and duties of the Owner including site access and approvals
9. Materials and Workmanship: Standards for materials, quality requirements, and workmanship specifications
10. Variations and Changes: Process for handling changes to scope, pricing, or timeline
11. Health and Safety: Safety requirements, protocols, and responsibilities
12. Insurance and Indemnity: Required insurance coverage and indemnification obligations
13. Defects Liability: Defects notification period, remediation process, and warranties
14. Suspension and Termination: Grounds and process for suspension or termination of the contract
15. Dispute Resolution: Process for resolving disputes including mediation and arbitration
16. General Provisions: Standard contractual provisions including notices, governing law, and assignment
1. Performance Security: Requirements for performance bonds or guarantees, used for high-value projects
2. Local Content Requirements: Specific provisions for local content compliance, required for oil/gas sector projects
3. Environmental Management: Detailed environmental requirements, needed for environmentally sensitive projects
4. Advance Payment: Terms for advance payments and associated guarantees, used when advance funding is required
5. Force Majeure: Provisions for unforeseen circumstances, recommended for long-term projects
6. Intellectual Property: IP rights and obligations, needed for projects involving design or technology elements
7. Liquidated Damages: Pre-agreed damages for delays or performance failures, used for time-critical projects
8. Quality Management System: Detailed quality management requirements, for complex technical projects
9. Subcontracting: Rules and restrictions on subcontracting, for projects allowing subcontractors
1. Schedule 1 - Scope of Works: Detailed technical specifications and scope breakdown
2. Schedule 2 - Contract Price Breakdown: Detailed pricing, rates, and payment milestones
3. Schedule 3 - Project Timeline: Detailed program of works and milestone dates
4. Schedule 4 - Key Personnel: List of key personnel from both parties and their roles
5. Schedule 5 - Technical Specifications: Detailed technical requirements and standards
6. Schedule 6 - Site Information: Site details, access requirements, and existing conditions
7. Schedule 7 - Forms and Procedures: Standard forms for variations, payments, and certificates
8. Schedule 8 - Insurance Requirements: Detailed insurance specifications and coverage limits
9. Appendix A - Drawings: Project drawings and design documents
10. Appendix B - Permits and Approvals: Required permits and regulatory approvals
Authors
Applicable Laws
Approval
Architect
As-Built Drawings
Bill of Quantities
Certificate of Completion
Change Order
Commencement Date
Completion Date
Construction Documents
Construction Equipment
Construction Period
Contract Documents
Contract Price
Contract Time
Contractor
Contractor's Equipment
Day
Defects Liability Period
Deliverables
Design Documents
Drawings
Engineer
Extension of Time
Final Completion
Force Majeure
Good Industry Practice
Governing Law
Health and Safety Plan
Interim Payment Certificate
Local Content Requirements
Materials
Milestone
Notice
Notice to Proceed
Owner
Owner's Representative
Payment Certificate
Performance Security
Permits
Project
Project Manager
Project Schedule
Quality Control Plan
Quantity Surveyor
Retention Money
Site
Specifications
Subcontractor
Substantial Completion
Variation
Work
Working Day
Works
Scope of Work
Contract Price
Payment Terms
Project Timeline
Contractor Obligations
Owner Obligations
Materials and Equipment
Quality Control
Health and Safety
Environmental Compliance
Local Content
Insurance
Indemnification
Performance Security
Variations
Force Majeure
Suspension
Termination
Dispute Resolution
Warranties
Defects Liability
Site Access
Subcontracting
Assignment
Confidentiality
Intellectual Property
Notices
Governing Law
Records and Audit
Compliance with Laws
Labor Requirements
Testing and Inspection
Completion and Handover
Liquidated Damages
Risk Allocation
Securities and Guarantees
Construction
Real Estate Development
Infrastructure
Oil and Gas
Manufacturing
Healthcare
Education
Hospitality
Commercial Development
Industrial Development
Residential Development
Transportation
Energy
Mining
Telecommunications
Legal
Commercial
Operations
Project Management
Construction
Procurement
Technical
Risk Management
Compliance
Health and Safety
Contract Administration
Quality Control
Development
Engineering
Finance
Project Director
Construction Manager
Contract Manager
Legal Counsel
Commercial Manager
Project Manager
Quantity Surveyor
Chief Engineer
Procurement Manager
Risk Manager
Operations Director
Technical Director
Development Manager
Site Manager
Cost Controller
Claims Manager
Compliance Officer
Health and Safety Manager
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