For The Standardx franchise, what must the franchisee do after selecting all key consultants?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
c) Following Franchisee's selection of all key consultants, Hyatt will review all selections, prior to the engagement of any consultant, for Approval by Hyatt. All consultants must have previous experience with similar type projects and must provide a presentation along with resumes of key personnel that would be working on the Project. Hyatt will provide Franchisee with the Preliminary Area Program and Franchisee will provide this same information to each consultant. Hyatt will provide a detailed explanation of the Design and Construction Standards and the Preliminary Area Program information to the potential consultants or providers. Hyatt will be available for additional explanation once a short list of consultants has been established. It may be necessary for key consultants to travel to the Hyatt offices in Chicago, Illinois, USA or the Division Office if so directed by Hyatt for a final interview.
Source: Item 18 — OTHER INCOME (LOSS), NET (FDD pages 187–399)
What This Means (2025 FDD)
According to The Standardx's 2025 Franchise Disclosure Document, after a franchisee selects all key consultants, Hyatt will review the selections before the franchisee engages any of them. The consultants must have previous experience with similar projects and provide a presentation, along with resumes of the key personnel who will be working on the project. The franchisee must provide each consultant with the Preliminary Area Program, which Hyatt will also explain in detail to the potential consultants. Hyatt may offer additional explanations once a short list of consultants is established.
Depending on Hyatt's requirements, key consultants may need to travel to Hyatt's offices in Chicago, Illinois, USA, or to the Division Office for a final interview. This process ensures that the consultants meet Hyatt's standards and have the necessary qualifications for the project.
This requirement is in place to maintain consistency and quality across all The Standardx locations, as Hyatt retains the right to participate in all phases of the hotel design process. Hyatt will provide reviews, recommendations, comments, and approvals to the key consultants regarding conceptual designs and planning exercises submitted by the franchisee's consultants. This ensures that the hotel adheres to The Standardx's Design and Construction Standards.