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The Perfect Contract From the Consultant’s Perspective….. April 16, 2010. GST CONSULTING Municipal Government Organizational & Financial Management. Clear & Concise Language Scope of Work & Schedule Compensation Insurance Indemnification Other Common Elements.
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The Perfect Contract From the Consultant’s Perspective….. April 16, 2010 GST CONSULTING Municipal Government Organizational & Financial Management
Clear & Concise Language • Scope of Work & Schedule • Compensation • Insurance • Indemnification • Other Common Elements GST CONSULTING Municipal Government Organizational & Financial Management
Scope of Work & Schedule • Scope of Work • Well Defined & Specific • Tasks Sequenced • Deliverables • Meeting Attendance Requirements • Additional Work/Changes in Scope • Project Schedule • Reasonable Time Frames • Third Party Delays Beyond Control • Milestones/Noticing Requirements GST CONSULTING Municipal Government Organizational & Financial Management
Compensation • Compensation Terms • Compensation Parameters • Periodic or Task Based Schedule • Invoice Structure • Payment Terms GST CONSULTING Municipal Government Organizational & Financial Management
Insurance • General Liability • Professional Liability (E & O) • Worker’s Compensation • Certification of Compliance or None Required • Automobile • Owned/Non-Owned/Rented • Additional Insured/Cancellation GST CONSULTING Municipal Government Organizational & Financial Management
Indemnification • Hold Harmless Language • Negligent Acts • Errors or Omissions • Willful Misconduct • Responsibilities of Each Party • Indemnification Only for Specific Work Performed GST CONSULTING Municipal Government Organizational & Financial Management
Other Common Elements • Disputes/Attorney’s Fees • Records/Document Ownership • Delays/Performance • Independent Contractor • Termination/Assignment GST CONSULTING Municipal Government Organizational & Financial Management
QUESTIONS? GST CONSULTING Municipal Government Organizational & Financial Management