MANAGEMENT AGREEMENT SCHEDULE - Full Occupancy Prefabricated Static Unit (Auction)
Description of the Services the Supplier will provide includes:
1.1 The Supplier to deal with any day-to-day queries from the Customer.
1.2 The Supplier will collect any rental income on behalf of the Customer.
1.3 Resolution of any problems arising, either with the Supplier or the Occupants in line with this Agreement.
The Customer shall provide the Supplier with the following documents, information, items and materials:
PROOF OF IDENTIFICATION
PROOF OF ADDRESS
LIMITED COMPANIES & PLCs
If you are acting as a Representative of a Trust, we require the following:
Individual identity evidence from List A & B for all individuals with a vested interest in 25% or more of the capital and/or those who exercise control over the Trust.
Where appropriate, the source or destination of funds may also be requested.
1.1 Respond to and provide such documentation, data and other information as the Supplier reasonably requests for the Supplier to discharge its obligations under this agreement;
1.2 respond to requests for information in a prompt and timely manner, where such requests are reasonably made by or on behalf of the Supplier to enable the Supplier to discharge its obligations under this agreement; and
1.3 subject to their compliance with the Security Policy, provide such access for any of the Supplier's Personnel to such parts of the Facilities during Core Hours and at such other hours as may be arranged in advance as the Supplier reasonably requires for the Supplier to discharge its obligations under this agreement.
Facilities and Equipment
1.1 not service, maintain or attempt repair to the Facilities, or any part of them, or Equipment, directly or through a third party, without the consent of the Supplier.
Location and Product
The Location of the Facility where the Service will be provided:
Operating residential park home site in the UK with a plot of land measuring 20 metres long, 6.8 metres wide
Description of the Product(s) the Service will be provided for:
Product Name: Prefabricated Static Home(s)” means a manufactured residential static home/mobile home/Pre-Fabricated Unit.
BS3632 Building regulation quality standard
1.1 Double glazed windows
1.2 Bathroom extractor fan
1.3 Integrated oven, hob and extractor
1.4 LED strip lighting in main bedroom
1.5 Gas central heating 28KW
1.6 Internal LED spotlights throughout
1.7 LED spotlights in kitchen kick boards
1.8 LED spotlights in external roof peaks & front canopy
1.9 Adam Abbey fireplace in stone effect
2.1 Two Static Home size variation options from - “36 x 12” and “39 x 12”
2.2 Multiple configurations available - 2-3 bedrooms and 3 kitchen variation
2.3. 3 upgrade packages available.
Charges and Deductions
Name and address of Subcontractor: Modular Vanguard Ltd
Registered address: 13 Hanover Square, London, England, W1S 1HN
Company number: 14403763
Product/service description: Property Management Service
Contract Managers and Key Personnel
The Customer shall:
1.1 comply with all applicable laws, statutes, regulations, and codes relating to anti-bribery and anti-corruption including but not limited to the Bribery Act 2010 (the “Relevant Requirements”);
1.2 not engage in any activity, practice or conduct which would constitute an offence under sections 1, 2 or 6 of the Bribery Act 2010 if such activity, practice or conduct had been carried out in the United Kingdom;
1.3 have and shall maintain in place throughout the term of this Agreement its own policies and procedures, including but not limited to adequate procedures under the Bribery Act 2010, to ensure compliance with the Relevant Requirements, the “Relevant Policies” and Schedule 7, 1.2 and will enforce them where appropriate; and (1.4) notify the Supplier (in writing) if it becomes aware of any breach of Schedule 7 1.1 or 1.2 or has reason to believe that it or any person associated with it has received a request or demand for any undue financial or other advantage .
1.4 notify the Supplier (in writing) if it becomes aware of any breach of Schedule 7, or has reason to believe that it or any person associated with it has received a request or demand for any undue financial or other advantage .
2.1 The Customer shall ensure that any person associated with the Customer who is performing services in connection with this Agreement does so only on the basis of a written contract which imposes on and secures from such person terms equivalent to those imposed on the Customer. The Customer shall be responsible for the observance and performance by such persons of any Relevant Terms of this Agreement and shall be directly liable to the Supplier for any breach by such persons of any of the Relevant Terms.
EXIT MANAGEMENT PLAN AND SERVICE TRANSFER ARRANGEMENTS
The following definitions apply in this Schedule 8 only.
Fair Market Value: the fair market value of the relevant asset(s) in accordance with the price the goods would sell on the open market.
Net Book Value: the net book value of the relevant asset(s) calculated in accordance with Schedule 10
Registers: the registers referred to in Paragraph 3.1(a) of this Schedule 8.
2. PURPOSE OF SCHEDULE
2.1 The Supplier is required to ensure the orderly transition of the Services to the Customer or Replacement Supplier (as applicable) in the event of any termination or expiry of this agreement. This Schedule 8 describes the roles and responsibilities of the parties which are intended to achieve this.
3. OBLIGATIONS DURING THE TERM TO FACILITATE EXIT
3.1 During the Term, the Supplier shall:
(a) Create, maintain and promptly make available to the Customer on request registers of:
(i) all assets (excluding assets owned by the Customer) required to perform the agreement, detailing their ownership status, whether they are used exclusively for this agreement, conditions and physical location, and their Net Book Value;
(ii) subcontracts and other agreements (including software licences) required to perform the agreement;
(iii) operational risks relating to the Services;
(iv) all performance records and standards in relation to the Services; and/ OR
(b) compile and maintain a procedures manual, describing how the Operational Services are delivered, including the processes used; and
(c) maintain copies of any Subcontracts or other agreements referred to in the Registers.
4. EXIT MANAGEMENT PLAN
4.1 The Supplier shall, within 12 months of the Commencement Date submit an Exit Management Plan to the Customer which complies with the requirements of this Schedule.
4.2 The parties shall use their reasonable endeavours to agree the contents of the Exit Management Plan.
4.3 The Exit Management Plan shall:
(a) address each of the issues set out in this Schedule to facilitate the transition of the Services from the Supplier to the Customer or Replacement Supplier (as applicable) and ensure that there is no disruption in the supply of the Services and no deterioration in the quality of delivery of the Services;
(b) detail how the Services will transfer to the Customer or Replacement Supplier (as applicable);
(c) provide a timetable for exit and compliance with the requirements of the agreement
4.4 The Supplier shall review and, if appropriate, update the Exit Management Plan on a basis consistent with the principles set out in this Schedule:
(a) to reflect any changes in the Services that have occurred since the Exit Management Plan was last agreed; and
(b) following any major change to the Services under the agreement.
4.5 During the Exit Period, the Supplier shall comply with all its obligations in the Exit Management Plan.
5. EXIT ASSISTANCE
5.1 During the Exit Period, the Supplier shall:
(a) provide the Customer or Replacement Supplier with a procedures manual
(b) provide access, during Business Hours, to the Customer or Replacement Supplier to:
(i) any information relating to the Services as remains in the possession or control of the Supplier; and
(ii) such members of the Supplier's Personnel involved in the provision of the performance of the agreement and who are still employed or engaged by the Supplier
6. TRANSFER OF ASSETS
6.1 At least 28 Business Days before the Termination Date, the Supplier shall provide the Customer with the Register referred to in Paragraph 3.1(a)(i), indicating which assets are capable of legal transfer to the Customer or Replacement Supplier (as applicable).
6.2 The Customer shall notify the Supplier at least 7 Business Days after receipt of the list pursuant to Paragraph 7.1 which, if any, assets need to be transferred to it or the Replacement Supplier (as applicable). The Supplier shall sell any transferring assets to the Customer or Replacement Supplier (as applicable) at Net Book Value. Risk in such transferring assets shall pass to the Customer or Replacement Supplier (as applicable) on the Termination Date and title shall pass to the Customer or Replacement Supplier (as applicable) on payment for the same.
7. TRANSFER OF CONTRACTS
7.1 At least 14 Business Days before the Termination Date, the Supplier shall provide the Customer with the up-to-date Register referred to in Paragraph 3.1(a), identifying which contracts are used exclusively to deliver the Services.
7.2 The Customer shall notify the Supplier at least 14 Business Days after receipt of the list pursuant to Paragraph 8.1 which exclusive third-party contracts, if any, the Customer requires to be transferred to it or the Replacement Supplier (if applicable).
7.3 The Supplier shall, at the Customer's request and with the co-operation of the Customer, procure the novation to the Customer or Replacement Supplier (as applicable) of any transferring third party contracts notified to it under Paragraph 8.2.
Full Product Report - New
Refurbishment Schedule - Year 6: Soft Refurbishment
- Year 12: Full Refurbishment
Consideration given for Buy-Back
No depreciation for 12 years, all consideration is at the original price paid for the product (£40,499) on the 1st December 2020
Unit sold 12+ years Break Year Break Date Notice (Month)
2 Month 18
4 Month 36
6 Month 54
8 Month 72
10 Month 90
12 Month 108
Leave this empty:
Your legal name
Your email address
If you have questions about the contents of this document, you can email the document owner.
Document Name: MANAGEMENT AGREEMENT SCHEDULE - Full Occupancy Prefabricated Static Unit (Auction)
Agree & Sign