Business Impact Assessment

BUSINESS IMPACT ASSESSMENT

WHEREAS, Assessor Name: is retained to perform a business impact assessment (the "Assessment"); and

WHEREAS, Client Name: operates the business, systems, and processes to be evaluated and desires to document potential impacts and recommended mitigations; and

THEREFORE, the parties agree that the Assessor will perform the Assessment in accordance with the Scope of Work and terms set forth below.

Project Information

Scope of Work

The Assessor will identify, document, and quantify potential business impacts resulting from disruptions to systems, processes, personnel, third-party services, and facilities. Deliverables include a written Assessment report with prioritized findings and recommended mitigations.

Methodology

The Assessment methodology will include document review, stakeholder interviews, data analysis, and impact modelling. The Assessor will rely on information provided by Client and will document assumptions and data sources.

Document review    Interviews    Data analysis    System testing

Impact Categories & Findings

For each category, indicate applicability and summarize the primary impacts, estimated magnitude, and proposed mitigations.

Applicable: Estimated Loss (annualized): $ Likelihood:

Applicable: Estimated Downtime: days Severity:

Applicable: Potential Fines / Penalties: $

Risk Rating & Prioritization

Overall Risk Rating: Priority Level:

Payment Terms

Assessment Fee: $ . Payment is due in accordance with the schedule below.

Late Payment: A late fee of per month (or the maximum lawful rate) will accrue on overdue balances.

Term and Termination

This Agreement commences on Start Date: and terminates on End Date: unless earlier terminated in accordance with this section.

Either party may terminate for convenience upon days' prior written notice. Either party may terminate for cause if the other party materially breaches and fails to cure within days after written notice.

Confidentiality

The parties acknowledge that the Assessment may involve the exchange of Confidential Information. Each party agrees to maintain confidentiality using at least the same degree of care it uses to protect its own confidential information, but no less than a reasonable standard of care, and not to disclose Confidential Information except to its employees, agents, or professional advisors who have a need to know and are bound by confidentiality obligations consistent with this Agreement.

Exceptions: Confidential Information does not include information that is (a) publicly known through no breach by the receiving party, (b) rightfully obtained from a third party without restriction, or (c) independently developed without use of the disclosing party's Confidential Information.

I acknowledge and agree to the confidentiality provisions above.

Governing Law; Entire Agreement

Governing Law: This Agreement will be governed by and construed in accordance with the laws of the jurisdiction designated by the parties, without regard to conflict of law principles. Parties may specify the chosen jurisdiction here:

Entire Agreement: This document, together with any referenced exhibits and approved statements of work, constitutes the entire agreement between the parties with respect to the Assessment and supersedes all prior agreements, understandings, and representations, whether written or oral, relating to the subject matter herein. No amendment will be effective unless in writing and signed by authorized representatives of both parties.

Representations and Certifications

Each party represents that it has the full power and authority to enter into this Agreement and to perform its obligations hereunder. The person executing this Agreement on behalf of each party certifies they are duly authorized to bind the party.

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