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Consulting Engagement Letter
"I need a Consulting Engagement Letter for my IT consulting firm to provide digital transformation services to a Singapore-based bank, with specific provisions for data protection and cybersecurity compliance, starting March 2025."
1. Opening Address and Date: Formal business letter format with recipient details and date
2. Introduction: Brief introduction of the consulting firm and reference to any prior discussions
3. Scope of Services: Detailed description of consulting services to be provided, including specific deliverables and objectives
4. Term and Timeline: Duration of the engagement and key project milestones
5. Fees and Payment Terms: Compensation structure, payment schedule, invoicing details, and expense policies
6. Confidentiality: Obligations regarding protection and non-disclosure of confidential information
7. Intellectual Property: Ownership and rights to work products and deliverables
8. Independent Contractor Status: Clarification of relationship as independent contractor rather than employee
9. Limitation of Liability: Extent and limitations of consultant's liability
10. Termination: Conditions and process for terminating the engagement
11. Governing Law: Specification of Singapore law as governing law and jurisdiction
12. Signature Block: Space for signatures, dates, and company details
1. Performance Metrics: Specific deliverables and success criteria for outcome-based consulting arrangements
2. Non-Compete: Restrictions on working with competitors during and after the engagement
3. Insurance Requirements: Professional indemnity and liability coverage requirements for high-risk consulting services
4. Force Majeure: Provisions for unforeseen circumstances preventing performance of services
5. Data Protection: Specific provisions relating to PDPA compliance and data handling procedures
1. Schedule A - Detailed Scope of Work: Comprehensive breakdown of deliverables, methodologies, and timelines
2. Schedule B - Fee Schedule: Detailed breakdown of fees, expenses, and payment milestones
3. Schedule C - Key Personnel: List of key consultants, their qualifications, and roles in the engagement
4. Schedule D - Service Levels: Specific performance standards and service level agreements if applicable
5. Schedule E - Client Obligations: Detailed list of client responsibilities and required support
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