Cost And Fee Contract Template for Canada

1. Performance Metrics: Include when specific performance standards or KPIs are tied to fee calculations

2. Incentive Structure: Include when performance-based bonuses or incentives are part of the fee arrangement

3. Cost Limits and Caps: Include when there are maximum limits on specific cost categories or total contract value

4. Currency Exchange: Include for international contracts involving multiple currencies

5. Insurance Requirements: Include when specific insurance coverage is required based on service nature

6. Intellectual Property Rights: Include when services involve creation or use of intellectual property

7. Confidentiality: Include when sensitive cost information or trade secrets are involved

8. Force Majeure: Include when specific provisions for handling cost and fee implications of unforeseen events are needed

1. Schedule A - Rate Card: Detailed breakdown of all applicable rates, including personnel categories and overhead rates

2. Schedule B - Cost Categories: Comprehensive list of allowable and non-allowable costs

3. Schedule C - Fee Calculation Methodology: Detailed explanation of how fees are calculated, including formulas and examples

4. Schedule D - Invoice Format: Template and requirements for invoice submission

5. Schedule E - Performance Metrics: Detailed description of performance standards and their impact on fees

6. Appendix 1 - Cost Breakdown Structure: Detailed categorization of project costs and their allocation

7. Appendix 2 - Change Order Template: Standard format for requesting and documenting cost and fee changes

8. Appendix 3 - Reporting Templates: Standard formats for cost and fee reporting requirements