Originally posted by DaveB
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Previously on "Short term contract - is this clause acceptable?"
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Not if he quotes a price for the job in the first place. Fixed price work = opportunity for profit/loss = proper business = no IR35.
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Hah cheers for the replies guys.. interesting comments. Yeah I guess it's in my best interests to 'project manage' the situation to make sure it is delivered on the 'expected date' then.
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FWIW, my experience of doing 6 months work in 4 months can reward you with another 6 months contract that runs for 7 months the year after. So everyone involved is a winner. It's happened to me twice with two clients.
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Doing something like that will land you squarely in IR35 territory. An obligation for the client to pay you even when there is no work makes you look a lot like a permie.Originally posted by chris79 View PostI may be about to start a new contract, indication is it is 6 months but I'm concerned there might not be 6 months worth of work in there. Is it acceptable to put a clause in the contract stating that the full 6 months will be payable should the project finish early? Or something to this effect? I'm willing to take it for the money being offered, but not if 70% through they close the project...?
*Hint* If the contract is for 6 months, and the client thinks it will take six months then it is your duty as a contractor to meet their expectations *hint*
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You could ask for a contract based on a specific deliverable or stages of deliverables - bit like a builder who builds a conservatory, but I would guess you are in the game of supplying a service - if the client has no further need for said service he won't want to pay you - thats why he's using a contractor and not a permie.
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In return do you accept 8 months work for 6 months pay? If so, then it may fly as a fixed price contract bid. Otherwise forget it.
Usual disclaimers apply etc........
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Short term contract - is this clause acceptable?
I may be about to start a new contract, indication is it is 6 months but I'm concerned there might not be 6 months worth of work in there. Is it acceptable to put a clause in the contract stating that the full 6 months will be payable should the project finish early? Or something to this effect? I'm willing to take it for the money being offered, but not if 70% through they close the project...?Tags: None
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