Contractor Contingency Agreement Template for Philippines

1. Insurance Requirements: Specific insurance coverage requirements, used when the services involve significant risks or regulatory requirements

2. Performance Metrics: Detailed performance standards and evaluation criteria, used when specific quality or performance levels need to be maintained

3. Exclusivity: Provisions restricting the contractor from working with competitors, used when protecting competitive advantage is crucial

4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term or high-risk contracts

5. Data Protection: Specific provisions for handling personal or sensitive data, required when data processing is involved

6. Compliance with Laws: Specific regulatory compliance requirements, used when operating in heavily regulated industries

7. Subcontracting: Terms governing the use of subcontractors, included when subcontracting might be necessary

8. Equipment and Resources: Provisions regarding tools and resources, used when specific equipment or resources are crucial to the service

1. Schedule A - Scope of Work: Detailed breakdown of services, deliverables, and technical specifications

2. Schedule B - Payment Structure: Detailed payment calculations, milestones, and contingency conditions

3. Schedule C - Performance Criteria: Specific metrics and standards for evaluating contractor's performance

4. Schedule D - Required Documentation: List of documents required for proving contingency conditions have been met

5. Schedule E - Key Personnel: Details of key team members and their roles if specific expertise is required

6. Appendix 1 - Insurance Requirements: Detailed insurance specifications and coverage requirements

7. Appendix 2 - Compliance Checklist: Regulatory and legal compliance requirements specific to the project

8. Appendix 3 - Required Forms: Standard forms and templates to be used during the engagement