Document background
The Project Based Agreement is essential for organizations engaging in project-specific work in Malaysia, whether as service providers or clients. This document is particularly crucial when parties need to establish clear parameters for project delivery, payment structures, and performance metrics under Malaysian jurisdiction. It serves as a comprehensive framework that defines the project scope, timelines, deliverables, and responsibilities while ensuring compliance with Malaysian laws and regulations. The agreement is designed to protect both parties' interests, address potential risks, and provide clear mechanisms for project management, quality assurance, and dispute resolution. It's commonly used for both domestic and international projects where at least one party operates within Malaysia.
