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Prime Contract
"Need a Prime Contract for a new commercial building development in Singapore, value of SGD 50 million, with construction to commence in March 2025 and complete within 24 months, including specific provisions for green building certification."
1. Parties: Identification and details of contracting parties including full legal names, registration numbers, and registered addresses
2. Background: Context and purpose of the agreement, including key commercial objectives and relationship between parties
3. Definitions: Key terms used tHRoughout the contract, ensuring consistent interpretation
4. Scope of Work: Detailed description of services/works to be performed, including deliverables and exclusions
5. Contract Price: Payment terms, amounts, mechanisms, and payment milestones
6. Timeline: Project schedule, milestones, completion dates, and key delivery points
7. Obligations: Rights and responsibilities of each party, including specific performance requirements
8. Termination: Conditions and procedures for contract termination, including notice periods and consequences
1. Force Majeure: Provisions for events beyond parties' control, including notification requirements and consequences
2. Intellectual Property: IP rights, ownership, licensing terms and protection mechanisms
3. Insurance: Required insurance coverage, minimum limits, and types of insurance required
4. Confidentiality: Protection of sensitive information, including scope, duration, and permitted disclosures
5. Data Protection: Compliance with Singapore Personal Data Protection Act and data handling requirements
6. Dispute Resolution: Process for resolving disputes, including mediation, arbitration, or litigation procedures
1. Schedule 1 - Scope of Works: Detailed breakdown of works, specifications, and requirements
2. Schedule 2 - Schedule of Rates: Detailed pricing breakdown, unit rates, and payment terms
3. Schedule 3 - Technical Specifications: Detailed technical requirements and performance standards
4. Schedule 4 - Project Timeline: Detailed project schedule, milestones, and completion dates
5. Schedule 5 - Key Personnel: List of key team members, roles, and responsibilities
6. Schedule 6 - Forms and Procedures: Standard forms, certificates, and procedural requirements
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