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Conditions Of Contract For Consultancy Services
"I need a Conditions Of Contract For Consultancy Services agreement for a Singapore-based IT consulting project, where we'll be providing digital transformation services to a financial institution, with specific emphasis on data protection and cybersecurity requirements, starting March 2025."
1. Parties: Identification and details of the consulting firm and the client
2. Background: Context of the consultancy arrangement and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of consulting services to be provided
5. Consultant's Obligations: Key responsibilities and commitments of the consultant
6. Client's Obligations: Responsibilities and commitments of the client
7. Fees and Payment Terms: Compensation structure, payment schedule, and related terms
8. Intellectual Property Rights: Ownership and usage rights of deliverables and pre-existing IP
9. Confidentiality: Protection of sensitive information and trade secrets
10. Term and Termination: Duration of agreement and termination conditions
1. Performance Standards: Specific quality metrics and standards to be met during service delivery
2. Force Majeure: Provisions for handling unforeseen circumstances and events beyond parties' control
3. Non-Competition: Restrictions on competitive activities and protection of business interests
4. Insurance Requirements: Specific insurance coverage requirements and minimum coverage amounts
5. Data Protection: PDPA compliance requirements and data handling procedures
1. Schedule of Services: Detailed breakdown of services and deliverables to be provided
2. Fee Schedule: Detailed breakdown of fees, rates, and payment milestones
3. Key Personnel: List of key team members and their roles in service delivery
4. Service Levels: Performance metrics and service level agreements
5. Project Timeline: Detailed project schedule and milestones
6. Insurance Certificates: Copies of required insurance policies and coverage details
7. Standard Operating Procedures: Specific procedures to be followed during service delivery
Authors
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