Terms and Conditions of Contracts for Projects from POME by Gautam Koppala VT

CONTRACT PROVISIONS CHECKLIST

I.        Definitions of contract terms
II.        Definition of project scope
III.        Scope of services and work to be performed
IV.        Facilities to be furnished by client (for service company use)
V.        Changes and extras
VI.        Warranties and guarantees
Compensation to service company
Terms of payment
IX.        Definition of fee base (cost of the project)
X.        State sales and/or use taxes
XI.        Taxes (other than sales use taxes)
Insurance coverages
Other contractual provisions (including certain general provisions)
Miscellaneous general provisions

The following contract provisions will minimize risk, and should be included in proposals and contracts:

Scope of services and description of project
Contract administration
Terms of

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