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Development Management Agreement
"I need a Development Management Agreement for a mixed-use development project in Jakarta, Indonesia, where we're appointing an international development manager who will oversee both the commercial and residential components, with construction scheduled to begin in March 2025."
1. Parties: Identification of the developer, owner, and development manager with their complete legal details
2. Background: Context of the development project, purpose of the agreement, and brief description of the property
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Scope: Formal appointment of development manager and detailed scope of services
5. Development Manager's Obligations: Comprehensive list of responsibilities and duties of the development manager
6. Owner's Obligations: Rights and responsibilities of the property owner
7. Project Parameters: Key project specifications, timelines, and deliverables
8. Fees and Payment Terms: Development management fees, payment schedule, and reimbursable expenses
9. Project Governance: Decision-making process, approval requirements, and reporting structure
10. Compliance and Permits: Regulatory compliance requirements and responsibility for obtaining permits
11. Risk Allocation: Distribution of risks between parties and risk management procedures
12. Insurance and Liability: Insurance requirements and limitation of liability provisions
13. Term and Termination: Duration of agreement and circumstances for termination
14. Dispute Resolution: Procedures for resolving disputes including jurisdiction under Indonesian law
15. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Multi-Phase Development: Additional provisions for projects with multiple development phases
2. Third-Party Contractors: Framework for engaging and managing third-party contractors
3. Environmental Management: Specific environmental obligations beyond standard requirements
4. Community Relations: Provisions for managing community engagement and social impact
5. Force Majeure: Detailed provisions for handling unforeseen circumstances
6. Intellectual Property: Provisions regarding ownership and use of project-related IP
7. Foreign Investment Provisions: Additional requirements if foreign investment is involved
8. Special Local Requirements: Provisions specific to local jurisdiction requirements
1. Schedule 1 - Property Details: Detailed description of the development property and site plans
2. Schedule 2 - Services Scope: Detailed breakdown of development management services
3. Schedule 3 - Fee Structure: Detailed fee calculations and payment milestones
4. Schedule 4 - Project Timeline: Detailed project schedule and key milestones
5. Schedule 5 - Key Personnel: List of key personnel and their roles from both parties
6. Schedule 6 - Reporting Requirements: Templates and requirements for project reporting
7. Schedule 7 - Technical Specifications: Detailed technical requirements and standards
8. Schedule 8 - Required Permits: List of required permits and responsibilities
9. Appendix A - Power of Attorney: Standard power of attorney format if required
10. Appendix B - Insurance Requirements: Detailed insurance specifications and requirements
Authors
Applicable Laws
Approval
Authority
Base Fee
Building Permits
Business Day
Change Order
Commencement Date
Completion Date
Construction Documents
Construction Schedule
Consultant
Contract Documents
Contractor
Development Budget
Development Manager
Development Management Fee
Development Management Services
Development Period
Development Plan
Development Program
Development Site
Environmental Laws
Environmental Permits
Force Majeure Event
Good Industry Practice
Governmental Authority
IMB (Izin Mendirikan Bangunan)
Incentive Fee
Indonesian Civil Code
Initial Budget
Intellectual Property Rights
Key Personnel
Material Adverse Effect
Milestone
Notice
Owner
Performance Standards
Project
Project Account
Project Costs
Project Documents
Project Manager
Project Schedule
Project Site
Property
Reimbursable Expenses
Services
Specifications
Subcontractor
Technical Standards
Term
Termination Date
Works
Services Scope
Development Manager's Obligations
Owner's Obligations
Authority and Decision Making
Project Implementation
Fees and Payment
Performance Standards
Project Timeline
Budget Management
Change Management
Quality Control
Regulatory Compliance
Permits and Licenses
Environmental Compliance
Health and Safety
Insurance
Indemnification
Liability
Force Majeure
Confidentiality
Intellectual Property
Personnel
Subcontracting
Reporting Requirements
Record Keeping
Warranties
Assignment
Term
Termination
Suspension
Dispute Resolution
Governing Law
Notice Requirements
Amendment
Severability
Entire Agreement
Waiver
Third Party Rights
Language Requirements
Anti-Corruption
Data Protection
Local Content Requirements
Real Estate
Construction
Infrastructure Development
Commercial Property
Residential Development
Industrial Development
Mixed-use Development
Urban Planning
Hospitality
Retail Development
Legal
Real Estate
Construction
Project Management
Operations
Commercial
Compliance
Risk Management
Technical Services
Development
Property Management
Investment
Development Director
Project Manager
Construction Manager
Legal Counsel
Compliance Officer
Property Developer
Real Estate Manager
Technical Director
Operations Manager
Contract Manager
Risk Manager
Environmental Compliance Manager
Investment Director
Commercial Director
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