Document background
The Flat Rate Agreement is designed for situations where parties wish to establish a clear, predetermined payment structure for services or deliverables in Singapore. This document is particularly useful when the scope of work can be clearly defined and parties prefer cost certainty over variable pricing. It incorporates Singapore's contractual requirements and commonly includes detailed specifications of deliverables, payment schedules, and performance standards. The agreement is especially relevant for project-based work where budget predictability is essential.
