Building Operation Management Contract

A Building Operation Management Contract is a legal agreement between a building owner (or investor) and a management company/service provider that regulates the operation, maintenance, and administration of a building. It typically covers facility management, security, cleaning, utility management, repair and maintenance, financial reporting, service fees, liability, confidentiality, and dispute resolution. This contract ensures smooth operation, protects property value, and enhances the quality of services for tenants and residents. From 2022–2024, Vietnam’s urbanization boom led to the construction of hundreds of new residential and commercial buildings annually, increasing demand for professional building operation management. Forecasts for 2025–2030 suggest 10–12% yearly growth in such contracts, driven by high-rise developments, smart buildings, and stricter safety standards. Download the standard Building Operation Management Contract template and receive expert consultation with step-by-step drafting guidance via hotline 0977 523 155.