| Topic Name: |
weird clause in I.T. contract |
| Message Name: |
red flag |
| Date Posted: |
06/19/2004 |
| In Reply To: |
I have just received my first offer as an independant contractor. The position is for Info Tech consulting with a large investment bank.
I received this offer via a search firm (so the search firm gets a cut off the top.)
There is one clause in the contract which seems odd - and I definitley do not like:
Under the "subcotnractor warranties" section is says:
"... The penalty for laco of satisfaction of services shall be up to twenty (20) days of billing. This penalty is at the sole judghement of the customer {the investment bank} not of {Joe Search Company}.
As far as I am concerned, I am being paid for my expertise and my time. If they do not like my work (i.e. want to fire me / terminate the contract) I have no problem with that. I do have a problem with the possibility of having to relinquish close to 3 weeks of pay.
Is this a normal in an IT contract? Is this negotiable? Even if it is one of those things that is "never enforced", I still don't like it.
Everything else about the job is a great fit.
thoughts/suggestions are welcome.
Thanks! |
| Message: |
definitely get that changed.
That is absolutely ridiculous ...
Make sure things work out well ..
ecq
|
|
