ࡱ> Z\Y`  bjbj @x bbb8;:::::::$<hv>:"::v::68P9 \ bfm99:0;9\? 8\?89\?9P::DX;dbb PCG AGENCY CONTRACT TERMS 8TH EDITION A NEW INDUSTRY STANDARD General Designed for the engagement of professionals Advantages for the Agency Compliant with EAA & Conduct Regulations, includes prompt sheets for preliminary disclosures; recognises that professional engagements will often be outside the scope of the EAA Mirrored terms - minimise risk Variables (excluding rate) all in one common schedule, used for both client and contractor contracts Reduces risk of error Reduces administration Rates are shown elsewhere, thus allowing for them to be kept confidential Supported by PCG, thus credibility amongst contractors Designed to be IR35 friendly Uses Contracts (Rights of Third Parties) Act 1999 to allow direct enforcement of relevant rights by client against contractor, bypassing agency Free, provided only the source is acknowledged Advantages for client A proper framework for engaging a professional Same schedule used for client and contractor, so transparent Uses Contracts (Rights of Third Parties) Act 1999 to allow direct enforcement of relevant rights by client against contractor, bypassing agency Sets expectation of a professional relationship, where contractor carries responsibility for own performance Flexibility of being able to terminate at any time without having to justify Fair and balanced Advantages for contractors IR35 friendly contractors can have firm confidence that , they have a sound framework for operating outside IR35, provided the contract reflects the reality Passes PCG commercial terms tests (which few other agency contracts do) Same schedule used for client and contractor, so transparent Fair and balanced Practical points There are 3 files Hire-on this includes Signature page, including rates Terms EAA notes (non-contractual, but intended to be provided to Client with terms at the outset and thereby to constitute the required disclosures in cases within the Conduct Regulations) Hire-in this includes Signature page, including rates Terms EAA notes (non-contractual, but intended to be provided to Consultant with terms at the outset and thereby to constitute the required disclosures in cases within the Conduct Regulations) Skeleton Opt-Out letter Schedule - the assignment-specific provisions. NOTE that this same document is intended to form part of BOTH the Agency-Client and the Supplier-Agency Agreements; the document consists of Table with details to be completed Free-form service statement, with suggestions and examples for general style At the outset of the relationships, and before making any introductions, the Agency should provide the Client with the Hire-on document, excluding the signature page the Service Provider with the Hire-in document, excluding the signature page If the Service Provider and Consultant wish to Opt Out They must sign and provide to the Agency the Opt Out letter, before any introduction is made and before any services are provided The contracts for signature the agency should provide are as follows The Agency-Client Agreement consists of Hire-on (signature page and terms) Schedule the Supplier-Agency Agreement consists of Hire-in (signature page and terms) Schedule     Ref A05-04. 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