Building Project Manager Contract Template: A Guide for Effective Contract Drafting

A building project manager contract template is a crucial document that defines the terms and conditions of a construction project manager`s employment. It outlines the responsibilities, obligations, and deliverables of the manager to ensure the successful completion of the project. To create an effective building project manager contract template, certain elements should be included.

1. Scope of Work

The scope of work section lays out the specific duties and responsibilities of the project manager. It should be clear and concise, outlining tasks such as managing schedules, budgets, and contractors. This section should also state the expected duration of the project and whether there are any milestones or deadlines to meet.

2. Deliverables and Performance Standards

The deliverables section should outline the tangible outcomes the project manager is expected to achieve. These could include timelines, budget reports, and progress updates. The performance standards section defines how the project manager`s work will be evaluated, including criteria for assessing their effectiveness.

3. Compensation and Payment Terms

The compensation section of the contract should specify how the project manager will be paid. This could include a salary, hourly rate, or commission structure. It should also outline when and how payments will be made and whether there are any bonuses or incentives tied to performance.

4. Termination and Contract Duration

The termination section should outline the circumstances under which the contract may be terminated, such as for breach of contract or failure to meet performance standards. The contract duration section should state the length of the contract, possible renewal options, and whether it can be terminated early.

5. Intellectual Property and Confidentiality

The intellectual property section specifies who owns the intellectual property related to the project and how it can be used. The confidentiality section outlines the confidential information that the project manager will have access to and how it should be handled.

6. Governing Law and Dispute Resolution

The governing law section specifies which law governs the contract, while the dispute resolution section outlines how conflicts will be resolved. This could include mediation, arbitration, or litigation.

Conclusion

Creating a building project manager contract template can be challenging, but a well-drafted document is essential for protecting the interests of both parties. It is important to have a clear understanding of the project manager`s responsibilities, expectations, and performance standards. By including the elements described above, you can create a comprehensive and effective contract for your building project manager.