FactEngine's Consultancy Agreement Process
FactEngine's Consultancy Agreement is a contract between FactEngine and a client outlining the terms and conditions of the consultancy services to be provided. The agreement defines the nature of the engagement, compensation, term and termination, confidentiality, governing laws, and any other relevant terms and conditions.
Here are the key steps in FactEngine's Consultancy Agreement process:
- Initial consultation: The client and FactEngine have an initial consultation to discuss the scope of work and determine whether FactEngine has the necessary skills and expertise to complete the engagement.
- Agreement presentation: Based on the initial consultation, FactEngine will prepare a Consultancy Agreement outlining the scope of work, timeline, fees, and any other relevant details. Our Consultancy Agreement will be easy to understand, clear and concise, and accurately reflect the needs and goals of the client and FactEngine. FactEngine's Consultancy Agreements are, in general, professional fees for consulting services and what you are paying for is time spent with you to solve your business problem.
- Negotiation: Once the Consultancy Agreement is presented, we may engage in negotiations to refine the terms of the agreement. FactEngine finds that best results are achieved when both parties are willing to compromise and work together to find a mutually beneficial agreement. FactEngine's Consultancy Agreements are, in general, professional fees for consulting services and what you are paying for is time spent with you to solve your business problem.
- Signing the agreement: Once the agreement is finalised, both parties are required to sign it and keep a copy for record.
- Commencement of services: After the agreement is signed, FactEngine will commence work in accordance with the Consultancy Agreement.
- Review and feedback: Throughout the agreement term, the client should provide regular feedback and review the work of FactEngine. It is in FactEngine's best interests to be responsive to feedback and make any necessary changes to ensure the engagement output meets the client's expectations.
NB For larger pieces of work, FactEngine may engage with you in a project with a Statement of Work and considerable professional engagement documentation produced as part of that project. Project engagements may supersede Consultancy Agreements.