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Costs Agreement
"I need a Costs Agreement for my IT consulting firm based in Amsterdam, with hourly rate billing structure and specific provisions for software development projects starting March 2025."
1. Parties: Identification of the service provider and client, including full legal names, addresses, and registration details
2. Background: Context of the agreement and brief description of the services to be provided
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of the services to be provided
5. Fees and Charges: Fee structure, rates, and charging methodology
6. Payment Terms: Invoice frequency, payment deadlines, and acceptable payment methods
7. Obligations of the Service Provider: Professional responsibilities and service standards
8. Client Obligations: Client's responsibilities including information provision and cooperation
9. Term and Termination: Duration of the agreement and termination provisions
10. Confidentiality: Protection of confidential information exchanged during service provision
11. Liability and Insurance: Limitation of liability and insurance requirements
12. General Provisions: Standard clauses including governing law, amendments, and notices
1. Third Party Costs: Include when external costs may be incurred and charged to the client
2. Multiple Service Providers: Include when multiple professionals or departments are involved
3. Intellectual Property: Include when services involve creation of IP or use of existing IP
4. Data Protection: Include when personal data processing is involved (GDPR compliance)
5. Force Majeure: Include when specific events beyond control need to be addressed
6. Dispute Resolution: Include when specific dispute resolution mechanisms are preferred
7. Service Levels: Include when specific performance metrics apply
8. Consumer Protection Provisions: Include when client is a consumer rather than business
1. Schedule 1 - Fee Schedule: Detailed breakdown of fees, hourly rates, and charging units
2. Schedule 2 - Service Specifications: Detailed description of services, deliverables, and timelines
3. Schedule 3 - Key Personnel: List of key professionals assigned to provide the services
4. Appendix A - General Terms and Conditions: Standard terms and conditions of the service provider
5. Appendix B - Rate Card: Current applicable rates for different service levels or personnel
6. Appendix C - Expense Policy: Policy regarding chargeable expenses and reimbursements
Authors
Additional Services
Applicable Law
Approved Expenses
Billing Period
Business Day
Client
Confidential Information
Costs
Deliverables
Disbursements
Effective Date
Expenses
Fee Schedule
Fixed Fee
Hourly Rate
Invoice
Key Personnel
Payment Terms
Professional Services
Project
Rate Card
Related Parties
Scope of Services
Service Provider
Service Specifications
Standard Rates
Term
Third Party Costs
Time Sheet
VAT
Working Hours
Appointment
Services
Fees
Expenses
Invoicing
Payment
Client Obligations
Service Provider Obligations
Performance Standards
Confidentiality
Data Protection
Intellectual Property
Liability
Indemnification
Insurance
Term
Termination
Force Majeure
Assignment
Notices
Amendment
Severability
Entire Agreement
Third Party Rights
Governing Law
Dispute Resolution
Professional Standards
Record Keeping
Audit Rights
VAT and Taxation
Conflict of Interest
Legal Services
Accounting and Financial Services
Management Consulting
IT Consulting
Engineering Services
Architecture
Healthcare Services
Professional Training and Education
Business Advisory Services
Research and Development
Legal
Finance
Compliance
Operations
Client Services
Business Development
Risk Management
Professional Services
Administration
Accounts Receivable
Contract Management
Managing Partner
Financial Director
Legal Counsel
Compliance Officer
Account Manager
Business Development Manager
Professional Services Director
Contract Manager
Finance Manager
Operations Director
Client Services Manager
Risk Manager
Practice Manager
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