Project Phase Quote

PROJECT PHASE QUOTE

Quote Number:     Date of Quote:

Client Name:     Contractor Name:

Project Name:     Phase Name:

Recitals

WHEREAS, Client desires to procure defined services and deliverables for the Project identified above, subject to the terms and pricing set forth in this Project Phase Quote (the "Quote"); and

WHEREAS, Contractor possesses the expertise, personnel and resources to perform the scope of work described herein and is willing to perform such services on the terms set forth in this Quote; and

WHEREAS, the parties agree that this Quote documents the obligations for the referenced phase and, upon acceptance, will govern the parties' rights and responsibilities for that phase.

Scope of Work

Itemized Costs

The following line items represent the Contractor's estimated charges for this phase. Each line item price covers labor, materials and standard overhead unless stated otherwise.

Quantity:    Unit Price:    Line Total:

Quantity:    Unit Price:    Line Total:

Quantity:    Unit Price:    Line Total:

Payment Terms

Deposit Required (prior to commencement): %    Deposit Amount:

Late Fee: per month on overdue balances    Grace Period: days

Term and Termination

Phase Start Date:    Estimated Phase End Date:

Either party may terminate this phase for material breach if the breaching party fails to cure within days after written notice. Termination for convenience may be effected by either party upon days' prior written notice, subject to payment for work performed to date and reimbursement of non-cancelable commitments.

Confidentiality

Each party acknowledges that in the course of performance it may receive Confidential Information of the other party. "Confidential Information" means non-public business, technical, financial and other information disclosed in written, electronic or oral form. The receiving party shall (a) hold Confidential Information in confidence using at least the same degree of care as it uses for its own confidential information but no less than reasonable care; (b) use Confidential Information solely to perform obligations under this Quote; and (c) not disclose Confidential Information to third parties except to employees, contractors or advisors with a need to know who are bound by confidentiality obligations at least as protective as those in this clause. Confidential Information does not include information that is publicly available without breach, independently developed without use of the other party's Confidential Information, or required to be disclosed by law, provided notice is given where permissible.

Governing Law

This Quote and any disputes arising out of or related to it shall be governed by and construed in accordance with the laws of the state specified by the parties below, without regard to conflicts of law principles.

Governing Law State:

Entire Agreement

This Quote, together with any attachments, exhibits and accepted purchase orders expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, representations and understandings, whether written or oral. Any modifications to this Quote must be in writing and signed by authorized representatives of both parties.

Acceptance

By signing below, Client accepts this Project Phase Quote and authorizes Contractor to commence the described work in accordance with the terms, scope and payment schedule set forth herein. Acceptance is valid if signed and returned to Contractor prior to: Valid Until:

I confirm acceptance of this Quote and authorize work to proceed upon receipt of required deposit.

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