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Construction Equipment Rental Agreement
"Need a Construction Equipment Rental Agreement for leasing three excavators and two crane trucks from January 2025 to June 2025 for our Singapore highway expansion project, with specific provisions for 24/7 operation and on-site maintenance support."
1. Parties: Identification of lessor and lessee, including full legal names, registration numbers, and addresses
2. Background: Context of the rental arrangement and purpose of the agreement
3. Definitions: Key terms used throughout the agreement including Equipment, Rental Period, Rental Fees, etc.
4. Equipment Description: Detailed specification of equipment being rented, including make, model, serial numbers
5. Rental Terms: Duration, fees, payment terms, and conditions of rental
6. Delivery and Return: Terms for equipment delivery, collection, and return conditions
7. Maintenance and Operation: Responsibilities for equipment maintenance and proper operation
8. Insurance and Liability: Insurance requirements and allocation of risks
9. Termination: Conditions for early termination and consequences
1. Operator Requirements: Special requirements and certifications for equipment operators - used for complex machinery requiring certified operators
2. Environmental Compliance: Environmental protection measures and compliance requirements - used for equipment with environmental impact considerations
3. Sub-letting: Terms for sub-letting equipment if permitted - included when sub-letting might be considered
4. Purchase Option: Terms for potential purchase of equipment - included when rent-to-own might be considered
1. Schedule 1 - Equipment Specifications: Detailed technical specifications of equipment
2. Schedule 2 - Rental Rates and Charges: Breakdown of all fees, charges, and payment terms
3. Schedule 3 - Condition Report: Initial condition assessment of equipment
4. Schedule 4 - Insurance Requirements: Detailed insurance specifications and coverage requirements
5. Appendix A - Operating Procedures: Safety procedures and operation guidelines
6. Appendix B - Maintenance Schedule: Required maintenance activities and schedules
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