This is the new SoW Contract that clever and brave agencies have implemented. In principle it should all be good and outside IR35, until HMRC decides it isn't or changes the law

I guess it depends how it is worded, if you have deliverables and payment milestones when each piece of work is done over 6 months with a clause that states that the each billing milestone cannot be delayed by more than 1 week or whatever then great.
If your SoW is time and materials or stating £500 per day, and phase 1 is 6 months with payments every week then... maybe not.
It really needs to be a proper SoW, not just one disguised as one as you just charge your daily rate for 6 months.

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