Development Management Agreement

Development Management Agreement Template for Denmark

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Document background

The Development Management Agreement serves as the primary contract document governing the professional relationship between a property owner/client and a development manager in Denmark. This agreement is essential when a property owner requires professional expertise to oversee and manage complex development projects, including new construction, renovation, or redevelopment initiatives. The document comprehensively details the development manager's scope of services, authority levels, reporting requirements, and fee structures, while ensuring compliance with Danish construction laws, planning regulations, and environmental requirements. It is particularly crucial for large-scale development projects where professional project oversight is required to manage multiple stakeholders, maintain quality standards, and ensure project delivery within specified parameters. The Development Management Agreement also addresses specific Danish market practices and regulatory requirements, making it distinct from similar agreements in other jurisdictions.

Suggested Sections

1. Parties: Identification and details of the contracting parties - the client and the development manager

2. Background: Context of the agreement, including project overview and purpose of engaging the development manager

3. Definitions: Defined terms used throughout the agreement

4. Appointment and Term: Formal appointment of the development manager and duration of the agreement

5. Scope of Services: Detailed description of development management services to be provided

6. Development Manager's Obligations: Key responsibilities and duties of the development manager

7. Client's Obligations: Key responsibilities and obligations of the client

8. Project Timeline: Key milestones and project phases

9. Fees and Payment Terms: Fee structure, payment schedule, and related financial terms

10. Reporting and Communication: Requirements for project reporting and communication protocols

11. Authority and Limitations: Scope of development manager's authority to act on behalf of the client

12. Standard of Care: Required level of skill, care, and diligence

13. Insurance and Liability: Insurance requirements and limitation of liability provisions

14. Intellectual Property Rights: Ownership and usage rights of project-related intellectual property

15. Termination: Grounds and procedures for termination of the agreement

16. Confidentiality: Protection of confidential information and trade secrets

17. Dispute Resolution: Procedures for handling disputes between parties

18. Governing Law: Specification of Danish law as governing law and jurisdiction

19. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

Optional Sections

1. Personnel and Key Staff: Required when specific key personnel are crucial to the project delivery

2. Sustainability Requirements: Include when project has specific environmental or sustainability goals

3. Public Relations: Include when the project requires management of public communications

4. Value Engineering: Include when cost optimization is a key project requirement

5. Site Security: Include when development manager has specific site security responsibilities

6. Building Information Modeling: Include when BIM is required for the project

7. Stakeholder Management: Include when project involves multiple stakeholders requiring coordination

8. Risk Management: Include when specific risk management procedures are required

9. Quality Assurance: Include when specific quality management systems are required

10. Health and Safety: Include when development manager has specific health and safety responsibilities

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed breakdown of development management services

2. Schedule 2 - Fee Schedule: Detailed fee structure, rates, and payment terms

3. Schedule 3 - Project Program: Detailed project timeline and milestones

4. Schedule 4 - Key Performance Indicators: Performance metrics and measurement criteria

5. Schedule 5 - Project Team Structure: Organization chart and key personnel

6. Schedule 6 - Reporting Requirements: Templates and requirements for project reporting

7. Schedule 7 - Insurance Requirements: Detailed insurance specifications and coverage limits

8. Schedule 8 - Project Site Details: Site information and relevant property details

9. Schedule 9 - Client's Requirements: Detailed specifications of client's project requirements

10. Schedule 10 - Delegation of Authority: Detailed matrix of decision-making authority levels

11. Appendix A - Form of Reports: Standard templates for required reports

12. Appendix B - Communication Protocols: Detailed procedures for project communications

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