Just got a contract through the post and they want £5million of professional indemnity. That seems a little excessive - most providers only offer 1 or 2 million max. Looks like I'm not going to get a tick in that box.
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Last edited by BoredBloke; 16 June 2006, 11:46.Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.
I preferred version 1! -
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No Substitution clause either!Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.
I preferred version 1!Comment
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Also don't like this clause
where the Supplier is rejected by the client within the first 4 weeks of the assignment and the agreement is terminated as a result, the supplier shall refund all monies paid to the supplier for the assignment
Does this mean, if the client decides that they don't want me within the first 4 weeks that they can get shut and I have to pay back the money earned and already paid to my company?Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.
I preferred version 1!Comment
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Only if you're dumb enough to sign the contract
Originally posted by TonyEnglishAlso don't like this clause
where the Supplier is rejected by the client within the first 4 weeks of the assignment and the agreement is terminated as a result, the supplier shall refund all monies paid to the supplier for the assignment
Does this mean, if the client decides that they don't want me within the first 4 weeks that they can get shut and I have to pay back the money earned and already paid to my company?
And given that you're neither SAS or chicken, I doubt you would.Why not?Comment
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Originally posted by TonyEnglishAlso don't like this clause
where the Supplier is rejected by the client within the first 4 weeks of the assignment and the agreement is terminated as a result, the supplier shall refund all monies paid to the supplier for the assignment
Does this mean, if the client decides that they don't want me within the first 4 weeks that they can get shut and I have to pay back the money earned and already paid to my company?His heart is in the right place - shame we can't say the same about his brain...Comment
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The agency is Modis. The contract is a joke.Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.
I preferred version 1!Comment
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Originally posted by TonyEnglishJust got a contract through the post and they want £5million of professional indemnity. That seems a little excessive - most providers only offer 1 or 2 million max. Looks like I'm not going to get a tick in that box."My God, it's huge!!"Comment
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Now that I've read the rest of the thread, yes, I'd walk away from this contract,"My God, it's huge!!"Comment
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Just spoken to them. The 5 million - oh don't bother about that!! Why is it on the contract if I don't bother about it. Also said I wanted a substitution clause and the clause above taking off. They are sending me an updated contract.Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.
I preferred version 1!Comment
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