Client Agreement

Fixed price contracts. With a fixed price contract the buyer (that's you) doesn't take on much risk. Cost-reimbursable contracts. With a cost-reimbursable contract you pay the vendor for the actual cost of the work. Time and materials contracts.

A description of the parties involved in the agreement. A description of the services to be performed. A description of fees and payment schedules. The effective date of the contract, when work will begin, and the terms under which it can be terminated. Include a place for signatures.

Begin your letter by clearly indicating the parties involved in the agreement. Remember to include the date the agreement takes effect and title of the venture. Clearly state the reason for your agreement in your first paragraph giving description of all details such as stake holder ratio, payment period etc.

All parties must agree about an offer made by one party and accepted by the other. Something of value must be exchanged for something else of value. This can include goods, cash, services, or a pledge to exchange these items.

Services: Clearly outline the scope of services and how they will be provided. Payment: Set out the fees that are payable by the client, how these fees are calculated, the required payment methods, key payment dates, and any consequences for failure to make the payments as required.

Include Contact Information of Both Parties. Specify Project Terms and Scope. Establish Payment Terms. Set the Schedule. Decide What Happens If a Contract Is Terminated. Determine Who Owns Final Copyrights.

Grant. Financial assistance for a specific purpose or specific project without expectation of any tangible deliverables other than a final report. Cooperative Agreement. Contract. Memorandum of Understanding. Non-Disclosure Agreement. Teaming Agreement. Material Transfer Agreement. IDIQ/Master Agreement.