Thursday 19 October, 2017

Indecon Standard Terms of Business

Professional Fees & Expenses:

These will be based on time and expenses incurred or as otherwise agreed with the client in advance.

Timing of Payment of Fees:

Our standard terms of business require one third of payment of fees at start, one third at mid-point, and the balance on completion of the project or as otherwise agreed with the client.

Liability Limitations:

Any liabilities which Indecon will hold will only be subject to a specific written agreement other than anything that cannot by law be limited. Our total liability (including interest) for all claims connected with services (including, but not limited to, negligence) is limited to 3 times the fees payable for the service (excluding Vat) or €50,000, whichever is the greatest.

Intellectual Property Rights:

Indecon will own the intellectual property rights in the deliverables and any matters created under the assignment.