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1. Parties: Identification of the property owner/landlord and the parking management company
2. Background: Context of the agreement, including property details and purpose of engagement
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Services: Detailed description of parking management services to be provided
5. Term and Renewal: Duration of the agreement and conditions for renewal
6. Manager's Obligations: Comprehensive list of parking operator's duties and responsibilities
7. Owner's Obligations: Property owner's responsibilities and commitments
8. Operating Standards: Required service levels, quality standards, and operational procedures
9. Fee Structure and Revenue Sharing: Financial terms, management fees, and revenue distribution arrangements
10. Security and Safety Requirements: Security measures, safety protocols, and emergency procedures
11. Insurance and Liability: Insurance requirements and allocation of liability between parties
12. Maintenance and Repairs: Responsibilities for facility maintenance and repair obligations
13. Reporting and Audit Rights: Requirements for operational and financial reporting, audit provisions
14. Default and Remedies: Events of default and available remedies for both parties
15. Termination: Grounds for termination and post-termination procedures
16. General Provisions: Standard legal provisions including notices, governing law, etc.
1. Technology and Equipment: Specifications for parking management systems, payment technologies - include when automated systems are part of the service
2. Valet Services: Special provisions for valet parking operations - include when valet services are offered
3. Environmental Compliance: Specific environmental requirements - include for facilities requiring special environmental considerations
4. Staff Requirements: Detailed staffing specifications - include when specific staffing levels or qualifications are required
5. Special Events Management: Provisions for handling special events - include for facilities serving venues or event spaces
6. Revenue Optimization: Specific targets and strategies for revenue optimization - include when performance-based management is desired
7. Customer Service Standards: Detailed customer service requirements - include for premium or customer-focused facilities
1. Schedule A - Property Description: Detailed description of the parking facility, including maps and layouts
2. Schedule B - Fee Schedule: Detailed breakdown of parking rates, management fees, and revenue sharing calculations
3. Schedule C - Operating Procedures: Detailed operational procedures and protocols
4. Schedule D - Performance Standards: Specific metrics and standards for evaluating operator performance
5. Schedule E - Equipment Inventory: List of equipment and assets included in the management agreement
6. Schedule F - Maintenance Schedule: Detailed maintenance requirements and schedules
7. Schedule G - Required Reports: Templates and specifications for required operational and financial reports
8. Schedule H - Insurance Requirements: Detailed insurance coverage requirements and minimum limits
9. Appendix 1 - Emergency Procedures: Detailed emergency response procedures and contact information
Applicable Laws
Approved Parking Rates
Building
Business Day
Commencement Date
Common Areas
Confidential Information
Consumer Price Index
Effective Date
Emergency
Equipment
Facility Revenue
Force Majeure Event
Gross Revenue
Initial Term
Management Fee
Management Services
Manager
Municipal Authority
Net Revenue
Operating Expenses
Operating Hours
Operating Standards
Owner
Parking Area
Parking Equipment
Parking Facility
Parking Fees
Parking Management System
Parking Space
Peak Hours
Permits
Personnel
Premises
Property
Renewal Term
Revenue Share
Security Deposit
Service Levels
Staff
Standard Operating Procedures
Term
Termination Date
Users
Valet Parking
Variable Costs
Term and Renewal
Fees and Payment
Revenue Sharing
Operating Standards
Maintenance and Repairs
Personnel and Staffing
Security and Safety
Insurance
Indemnification
Liability
Force Majeure
Termination
Default and Remedies
Confidentiality
Non-Competition
Assignment and Subcontracting
Compliance with Laws
Reporting Requirements
Audit Rights
Performance Standards
Equipment and Technology
Customer Service
Emergency Procedures
Environmental Compliance
Dispute Resolution
Notices
Governing Law
Amendments
Entire Agreement
Severability
Warranties and Representations
Financial Records
Property Access
Signage and Branding
Health and Safety
Real Estate
Property Management
Facilities Management
Commercial Real Estate
Retail
Hospitality
Healthcare
Transportation
Shopping Centers
Mixed-use Development
Residential Complexes
Legal
Operations
Facilities Management
Property Management
Asset Management
Finance
Compliance
Security
Maintenance
Commercial
Property Manager
Facility Manager
Operations Director
Building Manager
Asset Manager
Real Estate Manager
Commercial Manager
Operations Manager
Legal Counsel
Contract Manager
Compliance Officer
Finance Manager
Revenue Manager
Security Manager
Maintenance Manager
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