Management contract

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Management contract

An agreement by which a company will provide its organizational and management expertise in the form of services.

Management Contract

A contract allowing another party to manage a firm or fund. Management contracts are common among mutual funds, which often hire outside companies to provide management services. See also: Asset management.
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Most management contracts attempt to define the services that the AMC will supply to its association client.
OIG is also proposing clarifications to space and equipment rental, personal services, and management contracts safe harbors.
Department of the Interior found excessive fees totaling $62 million in eighteen of the twenty-seven tribal management contracts it reviewed.
The acquisition and the management contract are part of Charles Taylor's strategy to achieve growth by seeking management contracts from mutual insurance companies and associations.
Marshall Hotels & Resorts Inc, a US-based hotel management and services company, has entered into three new hotel management contracts in US.
DHG's mission is to grow its portfolio nationally through acquisitions, management contracts, joint ventures and investment partnerships.
As a result, management contracts for bond-financed facilities should be reviewed in light of the conditions outlined in the revenue procedure.
Triumph Capital Advisors as a result of this transaction has purchased the management contracts to two active CLOs consisting of about $703 million in assets under management.
Most of the properties under marketing and management contracts are located across northern New Jersey.
Management contracts for Alfa and rival Touch have been frequently expanded because of political bottleneck postponement a planned open tender for new multi-year contracts.
Interstate Hotels & Resorts (NYSE:IHR), a US-based hotel real estate investor and an independent hotel management company, has reported that affiliates of owner of five company-managed hotels in New Orleans, US, and nearby Kenner, has awarded management contracts for two additional hotels in the city to the company.
According to the ministry, the Waste Management Law states that, in accordance with the procedures laid down in the laws and regulations regarding public-private partnership, waste management contracts may be entered into for a time period which does not exceed 20 years.

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