george.nobel
Hi Neeti,
The important things in a Consultancy Contract are:
  • Commercials: Our standard rates are 0 to 4 years - 8.33%, 4 to 8 years - 10%, > 8 years - 12.5%. Taxes are charged extra.
  • Guarantee Period: Usually for IT & Non-IT its 90 days from the DOJ. But for ITES sector its only 30 days.
  • Payment Schedule: Usually the Payment has to be released within 30 days from the date of the Invoice.
  • Validity of the Agreement: Usually 1 Year.
  • Arbitration Clause: Usually settled at the courts of your City.
  • Responsibilities of the Client (You) and the Consultant have to be clearly seggregated.
  • Important Communication: All important communications shall be in written and no verbal communication shall be entertained.
If these things are incorporated in the Agreement with some general clauses like Force Majuere etc, its done.
Regards,
Nobel George
Abner HR Consulting Services
Bangalore.
M: +91 9900145414
T: 080 - 23654001

From India, Bangalore
vvesukar
Hi All,
Me and my team are planning to start a consultancy and want some feedback and guidance from you all.
Actually, one of my friend advised me to sought out a consultancy contract copy which would be signed b/w the recruiting co. and the consultancy.
It would be of great help if someone can get me the doc.
Thank You !!!

From India, Mumbai
Anayaat
103

Hi there,
When preparing consultancy agreement you add the following information as suggested in the initial proposal.
•Name & address of the parties of which are having agreement
•Purpose of the agreement
•Detailed start & finish of the agreement
•No of employees evolved in the agreement ( 1 or 2 or 3 consultants)
•What are the expectations from the consultancy company
•No of hours required to work
•How much they are been paid
•What are the deliverable
•What are the causes of termination of agreement
•Should any of the clauses in the contract is being breached what are the actions to be taken
•Confidentially agreement clauses
•Attach the CV or company profile
•Signatory one representative of each party of sign plus witness and a legal advisor

From Oman, Muscat
bishtbhavna14@gmail.com
Hi Every one, My company is looking for consultancy .....if anyone is intersted so please contact us on below number.. Regards Bhavna 9212473549
From India, Noida
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