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Building Management Contract
"I need a Building Management Contract for a 50-story commercial tower in Riyadh, Saudi Arabia, to be managed starting March 2025, with particular emphasis on tenant relations and premium service levels for multiple international corporate tenants."
1. Parties: Identification of the building owner/principal and the building management company
2. Background: Context of the agreement and brief description of the property
3. Definitions: Key terms used throughout the agreement including technical and legal definitions
4. Appointment and Term: Formal appointment of the manager and duration of the contract including renewal terms
5. Scope of Services: Detailed description of management services to be provided
6. Manager's Obligations: Specific duties and responsibilities of the building manager
7. Principal's Obligations: Responsibilities and obligations of the building owner
8. Financial Terms: Management fees, payment terms, and financial reporting requirements
9. Performance Standards: Required service levels and performance metrics
10. Staff and Subcontracting: Requirements for personnel and rules regarding subcontractor engagement
11. Compliance and Reporting: Regulatory compliance requirements and reporting obligations
12. Insurance and Liability: Insurance requirements and allocation of risks
13. Termination: Grounds for termination and associated procedures
14. Dispute Resolution: Procedures for resolving disputes in accordance with Saudi law
15. General Provisions: Standard legal provisions including notices, amendments, and governing law
1. Environmental Management: Required for buildings with specific environmental certification requirements or sustainability goals
2. Security Services: For buildings requiring enhanced security measures
3. Specialized Technical Systems: For buildings with complex technical installations requiring specific management protocols
4. Retail Management: Required for buildings with retail components
5. Tenant Relations: For multi-tenant buildings requiring specific tenant management procedures
6. Crisis Management: For high-risk or critical facilities requiring specific emergency procedures
7. Religious Facilities Management: For buildings containing mosques or prayer rooms requiring specific management
8. Force Majeure: Extended provisions for force majeure events, particularly relevant in critical facilities
1. Property Details: Detailed description of the building, including floor plans and technical specifications
2. Scope of Services Matrix: Detailed breakdown of all services with responsibility assignments
3. Fee Schedule: Detailed breakdown of management fees and payment structure
4. Performance KPIs: Specific performance indicators and measurement criteria
5. Staff Organization Chart: Required personnel structure and qualifications
6. Operating Procedures: Standard operating procedures for routine management tasks
7. Emergency Procedures: Detailed emergency response protocols
8. Maintenance Schedule: Preventive maintenance programs and schedules
9. Required Reports: Templates and frequencies for required management reports
10. Insurance Requirements: Detailed insurance coverage requirements and limits
11. Approved Subcontractors: List of pre-approved subcontractors and their scope of work
12. Health and Safety Requirements: Specific health and safety protocols and requirements
Authors
Real Estate
Commercial Property
Residential Property
Retail
Healthcare
Education
Hospitality
Government and Public Sector
Industrial and Manufacturing
Religious Institutions
Mixed-use Development
Corporate Real Estate
Facilities Management
Real Estate
Operations
Legal
Procurement
Finance
Compliance
Technical Services
Asset Management
Property Management
Maintenance
Health Safety Environment
Contract Administration
Risk Management
Facility Manager
Property Manager
Real Estate Director
Operations Manager
Building Services Manager
Maintenance Manager
Asset Manager
Real Estate Investment Manager
Compliance Officer
Contract Manager
Technical Services Director
Chief Operating Officer
Real Estate Portfolio Manager
Building Operations Supervisor
HSE Manager
Tenant Relations Manager
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