2. Preface This Standard Contract for Consulting Services has been prepared by the Bank for use by its borrowers and their implementing agencies (referred to hereinafter as Clients) when they hire a consulting firm (referred to hereinafter as the Consultant) for complex assignments for which remuneration is being determined on the basis of the time actually spent by the Consultant in carrying out the services. Its use is mandatory under the circumstances described.
6. the Appendices. Parties using this Standard Contract for services financed by the Bank should note that the General Conditions must not be modified. Clauses in the Special Conditions should be dealt with as specified in the notes in italic provided for the individual clauses.
7. Preface Time-based contracts are recommended when the scope of the services cannot be established with sufficient precision, or the duration and quantity of services depends on variables that are beyond the control of the Consultant. Continued ...
8. Preface In time-based contracts the Consultant provides services on a timed basis according to quality specifications, and Consultant’s remuneration is based on agreed upon unit rates for Consultant staff multiplied by the actual time spent by the staff in executing the assignment, and (ii) reimbursable expenses using actual expenses and/or agreed unit prices. This type of contract requires the Client to closely supervise Consultant and to be involved in the daily execution of the assignment.
9. Contents Form of Contract General Conditions of Contract General Provisions Commencement, Completion, Modification and Termination of Contract Obligations of the Consultant Consultants’ Personnel and Sub-Consultants Obligations of the Client Payments to the Consultant Fairness and Good Faith Settlement of Disputes Special Conditions of Contract Appendices
10. Contents Appendices Appendix A – Description of Services Appendix B - Reporting Requirements Appendix C - Key Personnel and Sub-Consultants – Hours of Work for Key Personnel Appendix D - Cost Estimates in Foreign Currency Appendix E - Cost Estimates in Local Currency Appendix F - Duties of the Client Appendix G - Form of Advance Payments Guarantee
