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Subcontractor Agreement For Professional Services
"I need a Subcontractor Agreement For Professional Services for hiring an IT consulting firm in Bangalore to provide software development services for our fintech project, with strict data protection requirements and capability to handle financial sector compliance requirements in India."
1. Parties: Identifies the main contractor and subcontractor with their complete legal details
2. Background: Context of the agreement, including reference to the main contract and need for subcontracting
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Services: Detailed description of services to be provided by the subcontractor
5. Term and Timeline: Duration of the agreement and key milestone dates
6. Payment Terms: Fees, payment schedule, invoicing requirements, and tax provisions
7. Performance Standards: Quality standards, KPIs, and acceptance criteria for services
8. Obligations of the Subcontractor: Key responsibilities, deliverables, and compliance requirements
9. Obligations of the Main Contractor: Support, information, and resources to be provided by the main contractor
10. Intellectual Property Rights: Ownership and usage rights of pre-existing and created IP
11. Confidentiality: Protection of confidential information and trade secrets
12. Representations and Warranties: Standard warranties about capacity, authority, and quality of services
13. Liability and Indemnification: Limitation of liability and indemnification obligations
14. Termination: Grounds for termination and post-termination obligations
15. Dispute Resolution: Process for resolving disputes including jurisdiction and governing law
16. General Provisions: Standard boilerplate clauses including notices, assignment, and amendment procedures
1. Data Protection and Privacy: Required when services involve handling personal or sensitive data
2. Equipment and Facilities: Needed when main contractor provides equipment or facilities for service delivery
3. Insurance: Detailed insurance requirements beyond standard liability coverage
4. Non-Compete: Restrictions on competitive activities, if applicable to the industry
5. Force Majeure: Specific provisions for unforeseen events affecting service delivery
6. Compliance with Specific Regulations: Required for heavily regulated industries or specific professional services
7. International Services: Additional provisions for cross-border service delivery
8. Security Requirements: Specific security protocols for sensitive operations or facilities access
9. Training and Knowledge Transfer: Required when services include training or knowledge transfer components
10. Subcontractor Personnel: Specific requirements for personnel qualifications and replacement procedures
1. Schedule A - Scope of Services: Detailed description of services, deliverables, and technical specifications
2. Schedule B - Fee Schedule: Detailed breakdown of fees, rates, and payment milestones
3. Schedule C - Service Levels: Specific performance metrics, KPIs, and quality standards
4. Schedule D - Project Timeline: Detailed project schedule, milestones, and delivery dates
5. Schedule E - Key Personnel: List of key personnel assigned to the project with their roles and qualifications
6. Schedule F - Compliance Requirements: Specific regulatory or industry compliance requirements
7. Schedule G - Equipment and Resources: List of equipment, software, or resources provided by either party
8. Schedule H - Required Insurance: Detailed insurance requirements and coverage limits
9. Appendix 1 - Forms and Templates: Standard forms for reporting, invoicing, and communication
10. Appendix 2 - Security Protocols: Detailed security procedures and requirements if applicable
Authors
Information Technology
Management Consulting
Professional Services
Engineering Services
Financial Services
Healthcare Services
Legal Services
Architecture and Design
Education and Training
Business Process Outsourcing
Digital Marketing
Research and Development
Technical Consulting
Environmental Services
Human Resources
Legal
Procurement
Operations
Finance
Human Resources
Compliance
Risk Management
Project Management Office
Vendor Management
Business Development
Professional Services
Administration
Contracts Management
Legal Counsel
Procurement Manager
Contract Manager
Project Manager
Operations Director
Business Development Manager
HR Manager
Finance Manager
Compliance Officer
Risk Manager
Department Head
Chief Operating Officer
Managing Director
Professional Services Director
Vendor Management Specialist
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