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Renovation Contract
"I need a Renovation Contract for renovating a three-story commercial building in Lagos, Nigeria, with a project value of NGN 50 million and completion deadline of March 2025, including specific provisions for working in an occupied building and managing construction waste."
1. Parties: Identifies and provides full details of the property owner (Client) and the renovation contractor (Contractor), including registration numbers and addresses
2. Background: Brief context about the renovation project and the property requiring renovation
3. Definitions: Defines key terms used throughout the contract to ensure clear interpretation
4. Scope of Work: Detailed description of the renovation works to be carried out, including specific areas of the property to be renovated
5. Contract Price and Payment Terms: Total contract value, payment schedule, and payment methods
6. Timeline and Completion: Project start date, completion date, and any milestone dates
7. Contractor's Obligations: Detailed responsibilities of the contractor including quality standards, safety measures, and compliance requirements
8. Client's Obligations: Responsibilities of the property owner, including access provision and necessary approvals
9. Materials and Workmanship: Standards for materials to be used and quality of workmanship required
10. Variations and Changes: Process for requesting and approving changes to the scope of work
11. Insurance and Liability: Required insurance coverage and allocation of risks between parties
12. Warranties and Defects Liability: Warranty terms and process for addressing defects during and after completion
13. Termination: Circumstances under which either party may terminate the contract and the consequences
14. Dispute Resolution: Process for resolving disputes between parties
15. Governing Law: Specification of Nigerian law as governing law and relevant jurisdiction
1. Environmental Protection Measures: Required for projects with significant environmental impact or when working with hazardous materials
2. Health and Safety Requirements: Detailed safety protocols required for large-scale renovations or high-risk works
3. Subcontractors: Terms governing the use and management of subcontractors, if permitted
4. Force Majeure: Provisions for unforeseen circumstances preventing contract performance
5. Intellectual Property: Required when custom designs or architectural plans are involved
6. Confidentiality: Needed for high-profile projects or when sensitive information is involved
7. Performance Bond: Required for high-value renovation projects as additional security
8. Site Security: Specific provisions for securing the renovation site, required for larger projects
1. Schedule 1 - Detailed Scope of Works: Comprehensive breakdown of all renovation works to be performed
2. Schedule 2 - Project Timeline: Detailed project schedule including milestones and completion dates
3. Schedule 3 - Payment Schedule: Breakdown of payment amounts, timing, and conditions for payment
4. Schedule 4 - Material Specifications: Detailed specifications of all materials to be used in the renovation
5. Schedule 5 - Property Plans and Drawings: Technical drawings and plans showing the renovation works
6. Schedule 6 - Required Permits and Approvals: List of all necessary permits and approvals required for the project
7. Appendix A - Site Safety Plan: Detailed safety procedures and protocols for the renovation site
8. Appendix B - Quality Control Procedures: Specific quality control measures and inspection procedures
Authors
Construction
Real Estate
Residential Property
Commercial Property
Hospitality
Retail
Healthcare
Education
Industrial
Legal
Operations
Facilities Management
Property Management
Construction
Procurement
Risk & Compliance
Project Management
Real Estate
Construction Manager
Property Manager
Facility Manager
Legal Counsel
Contract Administrator
Project Manager
Architect
Quantity Surveyor
Building Inspector
Procurement Manager
Real Estate Manager
Operations Manager
Risk Manager
Compliance Officer
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