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Master Developer Agreement Template for Saudi Arabia

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Key Requirements PROMPT example:

Master Developer Agreement

"I need a Master Developer Agreement for a large-scale mixed-use development project in Riyadh, with specific emphasis on smart city integration and LEED certification requirements, planned to commence in March 2025."

Document background
The Master Developer Agreement is a fundamental document used in Saudi Arabia for large-scale development projects where a master developer takes responsibility for the comprehensive development of a significant land area. This agreement is particularly relevant in the context of Saudi Vision 2030, which has sparked numerous mega-development projects across the kingdom. The document outlines the master developer's scope of authority, development obligations, quality standards, and compliance requirements with Saudi laws and regulations, including Sharia principles. It's essential for projects involving multiple phases, various stakeholders, and complex infrastructure requirements. The agreement typically includes detailed provisions for environmental compliance, sustainable development practices, and alignment with national development goals, while also addressing risk allocation, financial arrangements, and project governance structures.
Suggested Sections

1. Parties: Identification of the contracting parties, including legal status and authority to contract

2. Background: Context of the agreement, project overview, and relevant preliminary arrangements

3. Definitions and Interpretation: Comprehensive definitions of terms used and rules of interpretation

4. Appointment and Scope: Formal appointment of the master developer and detailed scope of development rights and obligations

5. Development Requirements: Specific requirements for the development, including compliance with laws, standards, and specifications

6. Project Phasing: Timeline and requirements for different development phases

7. Quality Standards: Required quality standards, testing, and inspection requirements

8. Regulatory Compliance: Obligations regarding permits, approvals, and compliance with laws

9. Financial Terms: Payment terms, development costs, revenue sharing, and financial obligations

10. Performance Security: Requirements for performance bonds, guarantees, and other security arrangements

11. Risk Allocation: Distribution of risks between parties and related responsibilities

12. Environmental Compliance: Environmental protection requirements and sustainability standards

13. Warranties and Representations: Warranties regarding capacity, authority, and project execution

14. Insurance: Required insurance coverage and related obligations

15. Default and Termination: Events of default, remedies, and termination provisions

16. Dispute Resolution: Procedures for resolving disputes, including arbitration provisions

17. Governing Law: Application of Saudi law and Sharia principles

18. General Provisions: Standard boilerplate provisions including notices, amendments, and assignment

Optional Sections

1. Sub-developer Arrangements: Used when sub-developers may be appointed for specific components

2. Community Management: Include when the development includes residential or mixed-use components requiring ongoing management

3. Special Economic Zone Provisions: Required when the development is within or will create a special economic zone

4. Cultural Heritage Protection: Include when development affects historical or cultural sites

5. Public-Private Partnership Provisions: Used when project involves government partnership

6. Foreign Investment Provisions: Include when foreign investment is involved

7. Smart City Requirements: Used for developments incorporating smart city technology

8. Religious Facilities: Include when development includes mosques or religious facilities

Suggested Schedules

1. Master Plan: Detailed plans and drawings of the development

2. Development Program: Detailed timeline and milestones for development phases

3. Technical Specifications: Detailed technical requirements and standards

4. Design Guidelines: Architectural and design standards for the development

5. Environmental Impact Assessment: Details of environmental studies and mitigation measures

6. Financial Model: Project financial projections and assumptions

7. Performance Criteria: Specific metrics and standards for measuring performance

8. Form of Performance Security: Templates for required bonds and guarantees

9. Required Permits and Approvals: List of required regulatory approvals and status

10. Infrastructure Requirements: Specifications for infrastructure development

11. Service Level Requirements: Standards for ongoing services and maintenance

12. Form of Sub-developer Agreement: Template agreement for sub-developers

13. Insurance Requirements: Detailed insurance specifications and minimum coverage

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions















































































Clauses




















































Relevant Industries

Real Estate Development

Construction

Infrastructure

Urban Planning

Commercial Property

Residential Property

Mixed-use Development

Tourism Development

Industrial Development

Smart Cities

Sustainable Development

Cultural Development

Relevant Teams

Legal

Development

Project Management

Construction

Urban Planning

Environmental

Commercial

Finance

Technical

Operations

Risk Management

Contracts

Investment

Business Development

Sustainability

Relevant Roles

Chief Executive Officer

Chief Development Officer

Development Director

Project Director

Legal Counsel

Construction Manager

Urban Planning Manager

Environmental Compliance Manager

Commercial Director

Finance Director

Technical Director

Operations Director

Risk Manager

Contracts Manager

Investment Manager

Business Development Manager

Sustainability Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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