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1. Parties: Identification of the property owner and parking management operator
2. Background: Context of the agreement and brief description of the parking facility
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Formal appointment of operator and duration of agreement
5. Operator's Obligations: Core responsibilities and duties of the parking operator
6. Owner's Obligations: Responsibilities and duties of the property owner
7. Operating Standards: Required service levels and quality standards
8. Financial Terms: Management fees, revenue handling, and payment terms
9. Reporting and Auditing: Required financial and operational reports and audit rights
10. Insurance and Indemnity: Required insurance coverage and indemnification provisions
11. Maintenance and Repairs: Responsibilities for facility maintenance and repairs
12. Employment Matters: Staffing requirements and employment responsibilities
13. Compliance with Laws: Obligation to comply with applicable laws and regulations
14. Default and Termination: Events of default and termination procedures
15. Dispute Resolution: Process for resolving disputes between parties
1. Capital Improvements: Terms for facility upgrades or renovations, used when operator will handle construction work
2. Special Events: Procedures for handling special events and varying parking demands, included for facilities near venues
3. Validation Program: Terms for merchant or tenant validation programs, used in retail or mixed-use properties
4. Revenue Sharing: Detailed revenue sharing arrangements, included when operator compensation includes performance-based elements
5. Technology and Equipment: Specifications for parking technology systems, included when operator provides equipment
6. Sustainability Measures: Green initiatives and EV charging provisions, included for facilities with environmental focus
7. Security Services: Additional security requirements, included for high-risk or 24-hour facilities
8. Valet Services: Terms for valet parking operations, included when valet services are offered
1. Schedule A - Property Description: Detailed description of parking facility and premises
2. Schedule B - Operating Standards: Detailed service level requirements and performance metrics
3. Schedule C - Fee Structure: Detailed breakdown of management fees and compensation structure
4. Schedule D - Required Insurance: Specific insurance requirements and coverage limits
5. Schedule E - Equipment Inventory: List of parking equipment and assets
6. Schedule F - Parking Rates: Approved parking rate structure and validation rates
7. Schedule G - Reporting Forms: Templates for required operational and financial reports
8. Schedule H - Emergency Procedures: Emergency response protocols and contact information
Commercial Real Estate
Retail
Healthcare
Transportation
Hospitality
Education
Municipal Services
Shopping Centers
Office Buildings
Mixed-Use Developments
Airports
Entertainment Venues
Operations
Legal
Finance
Facilities Management
Risk Management
Property Management
Asset Management
Maintenance
Security
Compliance
Commercial Real Estate
Contract Administration
Property Manager
Facility Manager
Operations Director
Parking Operations Manager
Real Estate Manager
Asset Manager
General Counsel
Contract Administrator
Financial Controller
Risk Manager
Maintenance Supervisor
Security Manager
Commercial Property Director
Leasing Manager
Operations Supervisor
Compliance Officer
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