Who is the consultant in a contract?

Who is the consultant in a contract?

Answer: The short answer is that the Consultants role is evaluate a client’s needs and provide expert advice and opinion on what needs to be done while the Contractors role is generally to evaluate the client’s needs and actually perform the work.

What are the requirements of a consulting contract?

The Records shall be subject to inspection and audit by Company and the Government (if necessary) at all reasonable times and upon reasonable notice for a period of three (3) years after final payment under this Agreement.

Who are the parties to the independent consultant agreement?

Independent Consultant Agreement THIS AGREEMENT is made by and between Cornell UNIVERSITY, Ithaca, New York 14850, a not-for-profit educational corporation, (“Cornell”) and ____________________________________________________________ (“Consultant”). For good and valuable consideration, the parties agree as follows: 1. General Purpose.

When to make payment on a consulting contract?

Company shall make payment within forty-five (45) days after receipt of a proper invoice that complies with the requirements of this Agreement. Company may withhold any amounts in an invoice that are in dispute, are contrary to the requirements of this Section 3, or are not substantiated by proper receipts.

Can a consultant be an employee of Cornell?

Independent Consultant. In the performance of the work hereunder, Consultant shall be an independent consultant and not an employee of Cornell. Consultant is not an agent of, or authorized to transact business, enter into agreements, or otherwise make commitments on behalf of Cornell unless expressly authorized in writing by an officer of Cornell.

What are the contract terms for a consultant?

A two-part late payment clause. A late fee assessed for payment that are three to five days beyond the payment due date and an interest clause for invoices that become 30 days or more overdue. A dispute charges provision that provides for payment of non-disputed charges while the disputed charges are being resolved.

When does the contract for consulting services end?

The Consultant shall perform the Services during the period commencing [Insert the contract validation period (from)] and continuing through [insert the contract ending Date (to)] or any other period as may be subsequently agreed by the parties in writing. 3. Payment A. Ceiling

What should be included in sample contract for consulting services?

Ownership of Material Any studies, reports or other material, graphic, software or otherwise, prepared by the Consultant for the Client under the Contract shall belong to and remain the property of the Client. The Consultant may retain a copy of such documents and software. 8. Consultant Not to be Engaged in Certain Activities

Company shall make payment within forty-five (45) days after receipt of a proper invoice that complies with the requirements of this Agreement. Company may withhold any amounts in an invoice that are in dispute, are contrary to the requirements of this Section 3, or are not substantiated by proper receipts.