Costing Information Document

COSTING INFORMATION DOCUMENT

Parties

Recitals

WHEREAS, Client Name: requires professional costing and pricing analysis in connection with certain goods or services described below; and

WHEREAS, Service Provider Name: has the requisite expertise and capacity to prepare itemized cost estimates, assumptions, and rate schedules under the terms set forth in this document; and

WHEREAS, the Parties desire to set forth in writing the costing components, payment expectations, confidentiality obligations, and related terms applicable to the work described herein.

Scope of Work

The Service Provider shall prepare a detailed costing report and supporting schedules describing all assumptions, unit rates, overhead allocations, direct labor rates, material costs, subcontractor estimates, and any contingency allowances necessary for the Client’s evaluation and budgeting purposes. The scope includes data collection, analysis, itemized cost breakdown, and a written summary of key cost drivers and risk factors.

Itemized Cost Schedule

Provide discrete line items for all elements of cost. Enter quantities and unit pricing where applicable. Totals should be computed and substantiated in supporting schedules prepared by the Service Provider.

Taxes and fees: Taxes included in amounts    Taxes excluded from amounts

Payment Terms

The Client shall pay the Service Provider the sums set forth below in consideration for the services and deliverables described in the Scope of Work. All monetary amounts are stated in the currency agreed between the Parties.

Late payments shall incur interest at the lesser of 1.5% per month or the maximum rate permitted by law on any overdue amount from the due date until paid. In addition to interest, Client shall reimburse Service Provider for reasonable costs of collection, including legal fees.

Term and Termination

This Costing Information Document becomes effective on the Effective Date and continues until the completion of the Scope of Work or earlier termination in accordance with this section.

Either Party may terminate this document for convenience upon written notice to the other Party delivered not less than prior to the effective date of termination. Termination for cause may occur immediately upon material breach that remains uncured for a period of thirty (30) days after written notice.

Confidentiality

Each Party shall maintain in confidence all non-public information disclosed by the other Party that is designated confidential or that, by its nature, ought reasonably to be treated as confidential ("Confidential Information"). Confidential Information excludes information that the receiving Party can demonstrate: (a) was already known to it without restriction prior to disclosure; (b) is or becomes public through no fault of the receiving Party; (c) is rightfully received from a third party without restriction; or (d) is independently developed without use of the disclosing Party’s Confidential Information.

The receiving Party shall use Confidential Information solely for the purposes of performing obligations under this document and shall limit access to employees, contractors, or advisors who have a strict need to know and who are bound by confidentiality obligations no less protective than those herein.

Representations and Warranties

Each Party represents and warrants that it has the full power and authority to enter into this document and to perform its obligations hereunder. Service Provider represents that the costing deliverables will be performed using reasonable skill and care consistent with industry standards for comparable services.

Governing Law; Dispute Resolution

This document shall be governed by and construed in accordance with the laws of the jurisdiction specified by the Parties. Any dispute arising out of or relating to this document shall first be subject to good faith negotiation between senior representatives. If unresolved within thirty (30) days, disputes may be submitted to mediation or other non-binding alternative dispute resolution prior to any party initiating litigation.

Entire Agreement

This document, together with any schedules or attachments expressly incorporated herein, constitutes the entire agreement between the Parties with respect to the subject matter and supersedes all prior proposals, negotiations, and agreements, whether written or oral. Any amendments must be in writing and executed by authorized representatives of both Parties.

Certifications and Acknowledgments

By signing below, each Party certifies that the information provided in this Costing Information Document is true, complete, and prepared in good faith to the best of such Party’s knowledge. The Service Provider further certifies that supporting documentation for material cost elements will be maintained and made available to the Client upon reasonable request.

The Parties acknowledge that this document is not a purchase order or authorization for work beyond that expressly described in the Scope of Work. Any commitment to proceed with work is subject to the Parties entering into a separate services agreement or written authorization as applicable.

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