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Parking Management Agreement
"I need a Parking Management Agreement for my new 500-space shopping mall car park in Kuala Lumpur, including provisions for EV charging stations and automated payment systems, with the contract term starting March 1, 2025."
1. Parties: Identification of the property owner/landlord and the parking management company, including full legal names and registration details
2. Background: Context of the agreement, description of the parking facility, and purpose of the management arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the manager, duration of the agreement, and renewal terms
5. Manager's Rights and Obligations: Comprehensive list of the parking manager's responsibilities, including operations, maintenance, and reporting
6. Owner's Rights and Obligations: Property owner's responsibilities and rights regarding the parking facility
7. Financial Terms: Fee structure, revenue sharing, payment terms, and financial reporting requirements
8. Operating Standards: Required service levels, operating hours, and quality standards
9. Maintenance and Repairs: Responsibilities for routine maintenance, repairs, and capital improvements
10. Insurance and Liability: Insurance requirements and allocation of liability between parties
11. Termination: Grounds for termination, notice requirements, and post-termination obligations
12. General Provisions: Standard legal provisions including governing law, notices, and dispute resolution
1. Automated Systems: Specific provisions for automated parking systems, including maintenance and software requirements. Include when facility uses automated parking technology
2. Valet Services: Requirements and procedures for valet parking services. Include when valet services are offered
3. Environmental Compliance: Specific environmental requirements and green initiatives. Include for facilities pursuing green certification or with specific environmental commitments
4. Security Services: Detailed security requirements and procedures. Include when dedicated security services are part of the management scope
5. Electric Vehicle Charging: Provisions for EV charging infrastructure and services. Include when EV charging facilities are present
6. Special Events Management: Procedures for handling special events and peak periods. Include for facilities serving venues or event spaces
7. Staff Training and Qualification: Specific requirements for staff training and certification. Include when specialized training is required
1. Schedule 1 - Property Description: Detailed description of the parking facility, including plans and capacity
2. Schedule 2 - Fee Structure: Detailed breakdown of management fees, revenue sharing, and payment calculations
3. Schedule 3 - Operating Procedures: Detailed operating procedures and standards
4. Schedule 4 - Maintenance Schedule: Preventive maintenance schedule and procedures
5. Schedule 5 - Performance Metrics: Key performance indicators and reporting requirements
6. Schedule 6 - Equipment Inventory: List of parking equipment and systems included in the management scope
7. Schedule 7 - Emergency Procedures: Emergency response and evacuation procedures
8. Appendix A - Required Forms: Standard forms for reporting, incidents, and other operational matters
9. Appendix B - Insurance Requirements: Detailed insurance requirements and minimum coverage levels
Authors
Commencement Date
Common Areas
Contract Period
Operating Hours
Parking Area
Parking Equipment
Parking Fees
Parking Management Services
Parking Rules
Parking Systems
Premises
Property
Management Fee
Gross Revenue
Operating Expenses
Emergency
Force Majeure
Insurance Requirements
Local Authority
Maintenance Schedule
Manager
Operating Standards
Owner
Performance Standards
Security Deposit
Service Levels
Standard Operating Procedures
Term
Termination Date
Working Day
Revenue Share
Permitted Use
Management Report
Confidential Information
Appointment
Term
Financial Terms
Revenue Sharing
Operating Standards
Maintenance Obligations
Health and Safety
Insurance
Liability
Indemnification
Confidentiality
Data Protection
Force Majeure
Termination
Assignment
Subcontracting
Dispute Resolution
Governing Law
Performance Standards
Reporting Requirements
Security Requirements
Emergency Procedures
Staff Requirements
Equipment Maintenance
Compliance
Representations and Warranties
Intellectual Property
Notices
Amendment
Real Estate
Property Management
Facility Management
Retail
Commercial Property
Hospital/Healthcare
Shopping Centers
Hotels and Hospitality
Transportation
Mixed-use Development
Legal
Operations
Facility Management
Property Management
Finance
Commercial
Risk and Compliance
Asset Management
Real Estate
Facility Manager
Property Manager
Operations Director
Asset Manager
Real Estate Manager
Legal Counsel
Contract Manager
Commercial Director
Building Manager
Parking Operations Manager
Risk Manager
Finance Director
Compliance Officer
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