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Development Management Agreement
"I need a Development Management Agreement for a mixed-use real estate project in Qatar, where we're appointing an international development manager to oversee a $500M development starting March 2025, with specific emphasis on sustainable building practices and local content requirements."
1. Parties: Identification of the developer/owner and development manager, including full legal names and addresses
2. Background: Context of the agreement, brief description of the project, and parties' intentions
3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpretation
4. Appointment and Term: Formal appointment of development manager, commencement date, and duration
5. Development Manager's Services: Detailed scope of services, including pre-development, development, and post-development phases
6. Developer's Obligations: Key responsibilities and obligations of the developer/owner
7. Project Controls: Procedures for approvals, reporting, and project governance
8. Fees and Payment: Fee structure, payment terms, and mechanisms for payment
9. Budget and Cost Control: Project budget parameters and cost management procedures
10. Personnel: Key personnel requirements, staffing obligations, and replacement procedures
11. Performance Standards: Expected standards of performance and quality requirements
12. Intellectual Property: Ownership and usage rights of project-related intellectual property
13. Liability and Indemnification: Allocation of risks, limitations of liability, and indemnification provisions
14. Insurance: Required insurance coverage for both parties
15. Force Majeure: Events constituting force majeure and consequences
16. Termination: Grounds for termination, procedures, and consequences
17. Confidentiality: Protection of confidential information and trade secrets
18. Dispute Resolution: Procedures for resolving disputes, including Qatar law requirements
19. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Shari'ah Compliance: Required if the project involves Islamic financing or if parties require Shari'ah compliance
2. Environmental Compliance: Detailed environmental obligations if project has significant environmental impact
3. Value Engineering: Specific provisions for value engineering services if required for the project
4. Marketing and Leasing: If development manager's scope includes marketing or leasing services
5. Phasing: Required for projects with multiple development phases
6. Local Content Requirements: Specific provisions regarding use of local contractors and materials if required
7. Handover: Detailed handover procedures if development manager's scope includes operational handover
8. Quality Assurance: Detailed quality control procedures for complex technical projects
1. Services Schedule: Detailed breakdown of development management services and deliverables
2. Fee Schedule: Detailed fee structure, including base fees, incentive fees, and payment mechanics
3. Project Program: Project timeline, milestones, and key dates
4. Key Personnel: List of key personnel and their roles/responsibilities
5. Project Budget: Detailed project budget and cost breakdown
6. Reporting Requirements: Templates and requirements for project reporting
7. Authority Matrix: Decision-making and approval authorities
8. Site Plans and Documents: Technical drawings, plans, and site documentation
9. Form of Collateral Warranties: Standard forms for required warranties
10. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements
Authors
Real Estate
Construction
Infrastructure
Commercial Property
Residential Development
Mixed-use Development
Hospitality
Retail
Industrial Development
Smart Cities
Urban Development
Tourism
Education (Campus Development)
Healthcare Facilities
Legal
Real Estate
Development
Construction
Commercial
Operations
Technical
Finance
Risk Management
Procurement
Planning
Project Management
Investment
Compliance
Property Management
Development Director
Project Manager
Construction Manager
Real Estate Director
Investment Manager
Legal Counsel
Commercial Director
Operations Director
Technical Director
Chief Development Officer
Contract Manager
Risk Manager
Finance Director
Property Director
Planning Manager
Cost Controller
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