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Car Park Management Agreement
"I need a Car Park Management Agreement for a 500-space parking facility in a shopping mall in Kuala Lumpur, where we want to engage ABC Parking Services Sdn Bhd to manage operations from March 1, 2025, including EV charging stations and valet services."
1. Parties: Identification of the property owner/principal and the car park management company
2. Background: Context of the agreement, including property details and purpose of the arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the manager and duration of the agreement
5. Manager's Obligations: Core responsibilities including operations, maintenance, security, and customer service
6. Owner's Obligations: Property owner's responsibilities and commitments
7. Operating Standards: Required service levels and performance standards
8. Financial Terms: Fee structure, revenue sharing, payment terms, and financial reporting requirements
9. Insurance and Liability: Required insurance coverage and allocation of risks
10. Staff and Employment: Requirements for staffing and employment matters
11. Compliance: Obligations to comply with laws, regulations, and permits
12. Default and Remedies: Events of default and corresponding remedies
13. Termination: Termination events, process, and consequences
14. Handover: Procedures for transition upon termination
15. General Provisions: Standard boilerplate clauses including notices, assignment, governing law
1. Technology and Systems: For car parks using automated systems or special technology
2. Environmental Requirements: For properties requiring specific environmental management
3. Retail Integration: For car parks connected to shopping centers or retail facilities
4. Valet Services: When valet parking services are included
5. Electric Vehicle Facilities: For car parks offering EV charging facilities
6. Security Systems: Detailed security requirements for high-security facilities
7. Marketing and Promotions: For facilities requiring specific marketing activities
8. Third Party Agreements: When dealing with existing contracts or third-party rights
1. Property Description: Detailed description of the car park facility and premises
2. Service Specifications: Detailed operational procedures and service standards
3. Fee Structure: Detailed breakdown of management fees and revenue sharing arrangements
4. Equipment Inventory: List of equipment and assets included in the management scope
5. Key Performance Indicators: Specific performance metrics and targets
6. Emergency Procedures: Detailed emergency and evacuation procedures
7. Staff Requirements: Detailed staffing requirements and qualifications
8. Insurance Requirements: Specific insurance types and coverage amounts required
9. Parking Rates: Approved parking rates and pricing structure
10. Maintenance Schedule: Preventive maintenance requirements and schedules
Authors
Applicable Laws
Car Park
Commencement Date
Common Areas
Contract Period
Emergency
Equipment
Expiry Date
Force Majeure
Gross Revenue
Management Fee
Management Services
Manager
Operating Expenses
Operating Hours
Operating Standards
Owner
Parking Charges
Parking Facilities
Parking Space
Performance Standards
Premises
Property
Renewal Term
Revenue Share
Security Deposit
Service Level Agreement
Staff
Term
Termination Date
Working Day
Term
Services
Operations and Maintenance
Health and Safety
Security
Financial Terms
Revenue Collection
Record Keeping
Reporting
Staff and Employment
Insurance
Indemnity
Liability
Compliance
Performance Standards
Equipment and Systems
Emergency Procedures
Confidentiality
Data Protection
Assignment
Subcontracting
Force Majeure
Termination
Handover
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Amendments
Third Party Rights
Waiver
Counterparts
Real Estate
Property Management
Retail
Commercial Property
Residential Property
Shopping Centers
Office Buildings
Mixed-Use Developments
Hospitality
Healthcare
Transportation
Facility Management
Legal
Operations
Facility Management
Property Management
Asset Management
Commercial
Security
Finance
Business Development
Compliance
Risk Management
Property Manager
Facility Manager
Operations Director
Real Estate Manager
Asset Manager
Building Manager
Commercial Director
Parking Operations Manager
General Manager
Legal Counsel
Contract Manager
Business Development Manager
Regional Manager
Site Manager
Security Manager
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