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Due Diligence Engagement Letter
"I need a Due Diligence Engagement Letter for our Dubai-based accounting firm to conduct financial and operational due diligence on a real estate development company, with work starting March 2025 and including specific RERA compliance requirements."
1. Letter Header and Date: Professional letterhead, date, and recipient details
2. Introduction: Identification of parties and brief context of the engagement
3. Engagement Overview: Brief description of the purpose of the engagement and the target of due diligence
4. Scope of Services: Detailed outline of the due diligence services to be provided, including areas of investigation
5. Timeline and Deliverables: Expected duration of the engagement and format of deliverables
6. Fees and Payment Terms: Professional fees, payment schedule, and expenses policy
7. Confidentiality: Obligations regarding confidential information and data protection
8. Team and Resources: Key team members and resources to be allocated to the engagement
9. Client Responsibilities: Expected cooperation and information provision from the client
10. Limitation of Liability: Professional liability limitations and disclaimers
11. Governing Law: Specification of UAE law as governing law and jurisdiction
12. Acceptance: Signature blocks and acceptance terms
1. Conflict Checks: Section addressing potential conflicts of interest, used when working with multiple parties or in sensitive industries
2. Third Party Access: Terms for sharing findings with third parties, needed when other stakeholders require access to due diligence findings
3. Special Industry Considerations: Additional terms specific to regulated industries or special sectors
4. Travel Requirements: Terms regarding on-site visits and travel arrangements, if physical presence is required
5. Translation Services: Terms regarding document translation services, if dealing with multiple jurisdictions
6. Electronic Data Room: Terms regarding the use and access of virtual data rooms, if applicable
7. Termination Rights: Specific termination provisions, if requiring more detail than standard terms
1. Schedule A - Detailed Scope of Work: Comprehensive breakdown of due diligence areas and specific items to be reviewed
2. Schedule B - Fee Structure: Detailed breakdown of fees, including hourly rates, fixed fees, and expenses
3. Schedule C - Team Structure: Detailed information about team members, roles, and responsibilities
4. Schedule D - Timeline: Detailed project timeline with key milestones and deliverables
5. Schedule E - Required Information List: Checklist of documents and information required from the client
6. Appendix 1 - Standard Terms and Conditions: Firm's standard terms and conditions for professional services
7. Appendix 2 - Compliance Requirements: Specific compliance and regulatory requirements applicable to the engagement
Authors
Financial Services
Real Estate
Manufacturing
Technology
Healthcare
Retail
Energy
Telecommunications
Professional Services
Construction
Hospitality
Education
Transportation
Mining
Agriculture
Legal
Finance
Mergers & Acquisitions
Corporate Development
Risk & Compliance
Strategy
Investment
Due Diligence
Transaction Advisory
Corporate Finance
Executive Leadership
Chief Executive Officer
Chief Financial Officer
General Counsel
Head of Mergers & Acquisitions
Investment Director
Due Diligence Manager
Corporate Finance Director
Managing Partner
Engagement Partner
Transaction Advisory Partner
Legal Director
Compliance Officer
Risk Manager
Financial Controller
Business Development Director
Strategy Director
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