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Consulting Contract

The document outlines a consulting contract, which is a legally binding agreement detailing the consultant's services, scope of work, deliverables, and payment terms. It discusses various types of consulting, time-based contracts, general conditions, and special conditions that may modify the general terms. The purpose of the contract is to set clear expectations and protect both parties from disputes.

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53 views8 pages

Consulting Contract

The document outlines a consulting contract, which is a legally binding agreement detailing the consultant's services, scope of work, deliverables, and payment terms. It discusses various types of consulting, time-based contracts, general conditions, and special conditions that may modify the general terms. The purpose of the contract is to set clear expectations and protect both parties from disputes.

Uploaded by

nicexerox2017
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Consulting Contract

Presented by:
Shirin
USN NO SG23MBH015
Zainab
USN NO SG23MBH004
Consulting contract:
• A consulting contract is a legally binding agreement
between a consultant and a client that outlines the terms
of the consultant’’s services.
Purposes:

>Defines the scope of work,deliverables,and roles.


>Sets clear expectation and protects both parties from
disputes.
>Specifies project milestone and management and
engagement time.
>Identifies expenses and outlines payment terms.
>Specifies product ownership.
Types:

>Strategy consulting
>operations consulting
>financial consulting
>information technology consulting
>human resources consulting.
Time based contracts:

>Time Based Contract Used when difficult to define scope and length of
services Widely used for complex studies.
> supervision of construction, advisory services or most training
assignments Payments are made on agreed hourly, daily, weekly or monthly
rates for staff plus reimbursable.
> The rates for staff include salary, social costs, overhead, fee (or profit) and
where appropriate special allowances Contract shall include maximum
amount of payments to be made to consultant
General conditions of contract:
>General Provisions Relationship Between Parties Law Governing Contract
Notices Location Authority of Leader Authorized Representative Taxes and
Duties Fraud and Corruption Measures to be Taken by the Client
Commission and Fees
>Commencement, Completion, Modification and Termination of Contract
Effectiveness of Contract Expiration of Contract Modifications or Variations
Force Majeure Suspension Termination By Client By Consultant Cessation
of Rights and Obligations Cessation of Services Payment upon Termination
> Obligations of the Consultant Standard of Performance Conflict of
Interests Confidentiality Insurance Accounting, Inspection and Auditing
Actions Requiring Prior Approval Reporting Obligations Documents Property
of Client Equipment, Material Provided by either Party
>Obligations of the Client Assistance and Exemptions Change in Applicable
Law Relating to Taxes and Duties Services and Facilities Payment to the
Consultant Fairness and Good Faith Settlement of Disputes Liquidated
Damages
Special condition of contract:

> General Conditions of Contract Generally not to be


Modified.
> Clauses in Special Conditions will be Used to Modify
General Conditions
.

THANK YOU

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