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what should be in a development agreement what does development agreement mean an agreement under which a developer agrees with another party to procure construction of works on behalf of that party typically the agreement will include obligations as to cost quality and time and will also provide for the transfer of an interest in the property what is a development funding agreement [Music] forward funding agreements also known as development Finance Agreements are entered into when someone financing the construction of a building offers interim financing to enable development to occur it enables investors to receive a fixed rate of return on their Investments [Music] what is a project development agreement [Music] project development Agreements pdas are often used in urban regeneration and other development projects they allow the government landowner to keep control of the precinct development and allow the developer to defer payment and land acquisition what is jda land in a joint d