Project Management Property Package Proposal

PROJECT MANAGEMENT PROPERTY PACKAGE PROPOSAL

Project Identification

Project ID:    Project Name:

Project Manager:    Contact Email/Phone:

Proposal Date:    Intended Start Date:    Intended End Date:

Proposal Overview

This Project Management Property Package Proposal ("Proposal") sets forth the scope, deliverables, schedule, compensation and standard contractual terms under which the Service Provider will perform property project management services for the Client identified above. Upon mutual execution, this Proposal forms a binding agreement between Client and Service Provider for the services described below.

Scope of Work

The Service Provider will provide project management services including, but not limited to, coordination of vendors, scheduling of inspections, budget tracking, change management, documentation control, on-site supervision and client reporting as set forth in this Scope. Specific tasks, frequency and responsible parties are further detailed in the Deliverables and Milestones sections below.

Deliverables & Acceptance Criteria

The following deliverables shall be provided to Client. Each deliverable is subject to acceptance testing as defined in the Acceptance Criteria field.

Milestones & Timeline

Milestones below represent major milestones and target completion dates. Dates listed are estimates; any material change to milestone dates will be managed through the Change Order Process.

Target Completion Date:

Target Completion Date:

Budget & Payment Terms

The Client shall pay the Service Provider according to the fee schedule set forth below. All fees are payable in U.S. dollars unless otherwise stated. Taxes and permit fees are the responsibility of the Client unless expressly included.

Initial Deposit Amount:    Payment Terms:

Change Order Process

Any change to scope, schedule or fee shall be documented via a written Change Order signed by authorized representatives of both parties prior to commencement of changed work. Change Orders shall identify the change, impact to schedule, and adjustment to the contract sum. Work performed without an approved Change Order is not billable unless subsequently ratified in writing.

Acceptance Testing & Final Acceptance

Client will have a reasonable acceptance period following delivery of each deliverable to perform acceptance testing. Acceptance is deemed given when deliverables materially meet the agreed Acceptance Criteria or upon written sign-off by Client. Service Provider will remedy any nonconformities identified during the acceptance period at no additional fee unless deficiencies result from Client-directed changes.

Confidentiality

Each party agrees to maintain in confidence any non-public information disclosed by the other party in connection with this Proposal ("Confidential Information"). Confidential Information shall not include information that is or becomes generally known through no wrongful act of the receiving party. Confidential Information shall be used only for performance and enforcement of this Proposal and shall be disclosed only to employees, subcontractors or advisors with a need to know and who are bound to maintain confidentiality.

Insurance, Indemnity & Liability

Service Provider shall maintain commercial general liability insurance and professional liability insurance in amounts customary for the industry. Each party shall indemnify the other from liabilities arising out of its negligence or willful misconduct. Except for indemnification for gross negligence or wilful misconduct, neither party's aggregate liability for claims arising under this Proposal shall exceed the total fees paid to Service Provider under this Proposal for the applicable scope of work.

Termination

Either party may terminate this Proposal for convenience upon thirty (30) days' prior written notice. Upon termination, Client shall pay Service Provider for all work performed and authorized expenses incurred through the effective termination date, including reasonable wind-down costs. Termination for cause may be immediate if a party materially breaches its obligations and fails to cure within fourteen (14) days of written notice.

Governing Law & Dispute Resolution

This Proposal shall be governed by and construed in accordance with the laws of the jurisdiction specified below without regard to its conflicts of law rules. The parties shall attempt in good faith to resolve disputes by negotiation. If unresolved, disputes shall be submitted to binding arbitration in that jurisdiction unless the parties mutually agree otherwise in writing.

Representations & Certifications

Each party represents that it has the full power and authority to enter into this Proposal, that this Proposal is a binding obligation, and that performance of obligations will not violate any other agreement or law. Service Provider warrants that services will be performed in a professional manner consistent with industry standards.

Additional Provisions

Integration: This Proposal constitutes the entire agreement between the parties with respect to the subject matter and supersedes all prior negotiations and proposals. Severability: If any provision is held unenforceable, the remainder shall remain in full force. Assignment: Neither party may assign its rights or obligations absent prior written consent, except to a successor in interest by merger or sale of substantially all assets.

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