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A contract for services between an independent contractor (a self-employed individual) and the client company for the provision of consultancy services.
By Practical Law Employment. A contract for services between an independent contractor (a self-employed individual) and the client company for the provision of consultancy services.
A consultancy agreement is a contract setting out the terms and conditions of an arrangement between a self-employed person (consultant) and a customer requiring the consultant's services.
Project management contracts, also known as procurement contracts, are signed when a business outsources the delivery of goods or services. They are common in the construction industry and are divided into three categories: fixed-price, cost-reimbursable, and time and materials contracts.
Consultancy agreements usually contain clauses covering the following:Duration of contract.Services to be provided.Duties of the consultant.Fees and payment terms.Supply of equipment.Substitution.Tax and NICs.Liability.More items...