Have a question re: how to structure an agreement.
I am preparing a consultancy agreement with a client that has a
history of being tardy when it comes to getting things done. The
project is is to last 6 months and involves preparing a business plan
for their company. To do this within the time frame, I need to rely
on the client to do two things:
1. provide me with the requested financial and marketing data in a
timely manner
2. provide me with revisions to my business plan in a timely manner so
that I can make the appropriate changes
My concern is that I will hand in all of the finished work to the
client and then they will take forever to get me their revisions...
thus enabling them to avoid my "completing" the project.
Is their a standard way to structure the fees for such agreements to
ensure that the client does not hold the project for ransom?
Thanks,
Seth
