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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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We are disappointed to see this hotel exit the network as the management contract term draws to completion, however delighted to see the arrival of a flagship property Sofitel Shanghai Jing'an Huamin which is soon to open.'
However, due to a branding conflict, owner Met Life decided to award the management contract to Rose Associates, with whom it enjoyed a previous relationship.
M2 EQUITYBITES-March 4, 2011-KBR wins engineering project management contract from SAMSB(C)2011 M2 COMMUNICATIONS
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Having previously handled the planning and commercial negotiations with West Lothian Council on behalf of Regenco, Sigma has now signed the management contract for the first stage of the project implementation phase.
"We are thrilled to have been awarded the management contract for Autumn Woods," said Roger Bernier, president and COO of Chelsea Senior Living.
Emaar Hospitality Group, a UAE-based hotel group, has announced that The Address Hotels + Resorts has entered into a management contract to operate a new resort - The Address, The Terrace Bali, in Indonesia.
has awarded the facilities management contract for its headquarters in New York City to Cushman & Wakefield, Inc., the world's largest fully integrated real estate services firm.
The Norwegian materials integrity management and monitoring services company CorrOcean ASA said today (29 November) that it was close to signing a large integrity management contract with a major international oil company.

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