Consulting Services Agreement Sample With Retainer

State:
Multi-State
Control #:
US-00466
Format:
Word; 
Rich Text
Instant download

Description

Consultant is engaged to perform consulting services for certain clients regarding the preparation and structuring of financial data including financial statements and related financial reports for the purpose of assisting clients in preparation of presentations to lenders and/or equity prospects. In the event that it becomes necessary to enforce any of the terms of this agreement the defaulting party agrees to pay all reasonable attorneys fees incurred.
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FAQ

Consultant is a person who only provides consultancy as and when required whereas the retainer is a person on the penal already engaged to perform certain work on regular basis.

A consulting retainer is a fixed sum of money paid in full, upfront to hire a consultant for an allotted period of time. It's a pricing model that covers a consultant's assistance with specific deliverables or expertise to guide more general operations.

How to Write a Retainer AgreementStep 1 Acquire Your Copy Of The Retainer Template From This Page.Step 2 Introduce This Retainer, The Service Provider, And The Client.Step 3 Define When Service Must Begin And When It Must Terminate.Step 4 Document The Pay Rate Or Manner Of Compensation.More items...

Calculate the Retainer FeeMultiply your hourly rate, with tax included, by the number of hours required to get your retainer fee. Any other expenses should be added to this number, such as supplies or processing and legal fees.

Retainer agreements should:Always be in writing.Contain a statement that the firm has conducted a search for conflicts of interest and either (1) there are no conflicts, or (2) appropriate parties, including the client, have been advised of potential conflicts and waived them.Define the scope of the engagement.More items...

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Termination Clause – This allows the client to prematurely terminate the contract if they are unsatisfied with the consultant's work. Pursuant to a fee schedule listed hereinafter, Consultant is willing to provide services to Client based on this background.The Professional Services Consultant shall prepare from the approved design development documents, accurate, adequate, complete and coordinated drawings and. The consultant will typically have a minimum number of billable hours established that they suggest as a retainer amount. A sample contract for consulting services. Total expenses charged to HVCC in connection with Phases _____ through _____ of this. The contract includes terms about how much and when the customer will pay the contractor in exchange for his or her services.

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Consulting Services Agreement Sample With Retainer