What information about The Standardx project must the franchisee provide to each consultant?
The_Standardx Franchise · 2025 FDDAnswer from 2025 FDD Document
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, the franchisee must provide each consultant with the Preliminary Area Program. Hyatt will provide the franchisee with this program, and the franchisee is then responsible for disseminating it to the consultants. Additionally, Hyatt will provide a detailed explanation of the Design and Construction Standards and the Preliminary Area Program information to the potential consultants or providers.
This ensures that all consultants are working from the same foundational information and understand the project's scope and requirements as defined by The Standardx. This step is crucial for maintaining consistency and adherence to The Standardx's standards throughout the design and construction phases.
Furthermore, before engaging any consultant, the franchisee must submit the consultant's information to Hyatt for approval. This includes a presentation and resumes of key personnel who will be working on the project, ensuring that all consultants have the necessary experience with similar projects. Hyatt may also require key consultants to travel to their offices for a final interview, adding another layer of scrutiny to the selection process.