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Project Management Agreement
"I need a Project Management Agreement for a large-scale residential development project in Riyadh, where we'll be engaging an international project management firm from January 2025, with specific provisions for local content requirements and Saudization compliance."
1. Parties: Identification of the project owner/employer and the project management company, including their legal status and registration details
2. Background: Context of the agreement, brief description of the project, and the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement, including project-specific terminology
4. Scope of Services: Detailed description of project management services to be provided, including core responsibilities and deliverables
5. Project Manager's Obligations: Specific duties, standards of performance, and key responsibilities of the project manager
6. Client's Obligations: Client's responsibilities, including provision of information, access, and approvals
7. Project Timeline: Project phases, milestones, and completion dates
8. Fees and Payment Terms: Fee structure, payment schedule, and invoicing procedures
9. Reporting and Communication: Requirements for project reports, meetings, and communication protocols
10. Personnel: Key personnel requirements, qualifications, and replacement procedures
11. Quality Control: Quality management procedures and standards
12. Variations: Procedures for handling changes to scope or services
13. Liability and Indemnification: Allocation of risks and responsibilities between parties
14. Insurance: Required insurance coverage and minimum limits
15. Term and Termination: Duration of agreement and grounds for termination
16. Confidentiality: Protection of confidential information and trade secrets
17. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and applicable law
18. General Provisions: Standard boilerplate clauses including notices, assignment, and entire agreement
1. Force Majeure: Provisions for handling unforeseen events and circumstances beyond parties' control - include if project is in high-risk area or long-term
2. Intellectual Property Rights: Protection of IP rights and licensing - include if project involves development of unique methodologies or software
3. Anti-Corruption Compliance: Compliance with anti-corruption laws - include if involving government entities or international parties
4. Environmental Compliance: Environmental protection obligations - include for projects with environmental impact
5. Local Content Requirements: Provisions for meeting Saudi local content requirements - include if subject to Saudi Aramco or government requirements
6. Step-In Rights: Client's right to step in and take control - include for critical projects
7. Subcontracting: Rules and procedures for subcontracting - include if subcontracting is anticipated
1. Schedule 1 - Scope of Services: Detailed breakdown of project management services and deliverables
2. Schedule 2 - Fee Schedule: Detailed fee breakdown, rates, and payment milestones
3. Schedule 3 - Project Timeline: Detailed project program, milestones, and deadlines
4. Schedule 4 - Key Personnel: List of key personnel, their roles, and qualifications
5. Schedule 5 - Reporting Requirements: Templates and requirements for project reports
6. Schedule 6 - Quality Management Plan: Detailed quality control procedures and standards
7. Schedule 7 - Client's Requirements: Detailed technical and operational requirements
8. Appendix A - Power of Attorney: Authorization documents for project manager's authority
9. Appendix B - Insurance Requirements: Detailed insurance requirements and coverage limits
10. Appendix C - Forms and Templates: Standard forms for variations, reports, and other project documents
Authors
Construction
Infrastructure Development
Real Estate
Energy & Utilities
Healthcare
Technology & Digital Transformation
Industrial & Manufacturing
Transportation
Education
Hospitality & Tourism
Mining & Resources
Urban Development
Retail & Commercial
Legal
Operations
Commercial
Project Management Office
Risk & Compliance
Procurement
Technical Services
Business Development
Construction Management
Contract Administration
Finance
Quality Assurance
Project Director
Project Manager
Contract Manager
Legal Counsel
Commercial Director
Chief Executive Officer
Operations Director
Technical Director
Risk Manager
Procurement Manager
Development Manager
Construction Manager
Program Director
Client Representative
Chief Operating Officer
Investment Director
Compliance Officer
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