Turnkey Construction Agreement

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Microsoft Word (Editable)

Pages

Price: KES 400

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Document Overview

A Turnkey Construction Agreement is a contract where the contractor undertakes to design, procure, construct, and deliver a fully functional building or facility ready for immediate use by the employer. The employer simply “turns the key” upon completion.

Purposes:
To transfer design and construction responsibility entirely to the contractor.

To ensure cost and time certainty with a lump-sum, fixed deadline.

To specify quality standards and liability periods for post-completion defects.

To define clear payment milestones, performance guarantees, and penalties.

Key Components:
Identification of parties and project description.

Scope of turnkey obligations (design to handover).

Contract price, payment terms, and performance bond.

Timelines, variations, and penalties for delay.

Insurance, safety, and compliance with Kenyan laws.

Defects liability, termination rights, and dispute resolution.

Execution clause with signatures and dates.

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Turnkey Construction Agreement

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