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Development Management Agreement
"I need a Development Management Agreement for a mixed-use commercial project in Singapore's CBD area, where the Development Manager will handle all aspects of the development process including authority submissions and consultant coordination, with services commencing March 2025."
1. Parties: Details of the Developer/Owner and Development Manager, including registration numbers and registered addresses
2. Background/Recitals: Context of the agreement, project details, and purpose of appointment
3. Definitions and Interpretation: Defined terms used throughout the agreement and rules of interpretation
4. Appointment and Scope: Formal appointment clause and detailed scope of development management services
5. Duration: Term of appointment, including commencement and completion dates
6. Development Manager's Obligations: Detailed responsibilities and duties of the Development Manager
7. Client's Obligations: Responsibilities and duties of the Developer/Owner
8. Fees and Payment: Fee structure, payment terms, and expenses
9. Insurance and Liability: Required insurance coverage and limitation of liability provisions
10. Termination: Grounds for termination and consequences
1. Performance Targets: Specific KPIs and performance metrics - include when performance-based compensation is part of the agreement
2. Value Engineering: Processes for cost optimization and value enhancement - include for large-scale developments with significant cost considerations
3. Sustainability Requirements: Green building and sustainability obligations - include when pursuing green certifications or sustainability goals
4. Marketing and Leasing: Responsibilities for marketing and leasing activities - include when Development Manager's scope includes these services
1. Schedule 1 - Services: Detailed breakdown of development management services
2. Schedule 2 - Fee Schedule: Detailed fee structure, including base fees, incentive fees, and payment milestones
3. Schedule 3 - Project Details: Specific project information, including site details and development parameters
4. Schedule 4 - Key Personnel: List of key team members and their roles
5. Schedule 5 - Project Programme: Detailed project timeline and milestones
6. Schedule 6 - Reporting Requirements: Format and frequency of required reports
7. Appendix A - Authority Matrix: Decision-making and approval processes
8. Appendix B - Insurance Requirements: Detailed insurance specifications and coverage limits
Authors
Applicable Laws
Approvals
Authority/Authorities
Base Fee
Business Day
Commencement Date
Completion
Confidential Information
Construction Contract
Consultants
Contractor
Default
Development
Development Costs
Development Manager
Development Management Services
Development Period
Development Programme
Force Majeure
Good Industry Practice
Incentive Fee
Intellectual Property Rights
Key Personnel
Material Adverse Effect
Milestone
Owner/Developer
Performance Targets
Practical Completion
Project
Project Budget
Project Team
Property
Relevant Authority
Services
Site
Specifications
Sub-Consultant
Term
Termination Date
Value Engineering
Variation
Works
Authority and Delegation
Compliance with Laws
Confidentiality
Conflict of Interest
Data Protection
Dispute Resolution
Duties and Responsibilities
Environmental Compliance
Fees and Payment
Force Majeure
Governing Law
Health and Safety
Indemnification
Insurance
Intellectual Property
Key Personnel
Liability Limitations
Notices
Performance Standards
Project Reporting
Quality Control
Record Keeping
Risk Management
Service Levels
Subcontracting
Sustainability
Termination
Time for Performance
Variations
Warranties
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