Contract: deal room
Parties, milestones, escrow and your net-to-home agreed on one screen before anyone signs. Signing triggers set-up.
Parties
| Role | Party | Level | Structure |
|---|---|---|---|
| Principal | Educo Bangladesh | L3 | Registered NGO |
| Consortium lead | Data Insight Associates | L2 | BD company · WHT 7.5% |
| Team lead (you) | Farhana Rahman, Canada | L2 | A · non-resident individual · treaty |
Milestones and escrow
Principal funds each milestone into escrow at Partner Bank A before work on it starts. Today: escrow is a bank-held retention account, released on a joint instruction
| # | Deliverable | Due | Amount | Escrow |
|---|---|---|---|---|
| 1 | Inception report and tools | 20 Oct | 5,60,000 | funded |
| 2 | Field data, 3 districts | 30 Nov | 11,20,000 | on M1 acceptance |
| 3 | Final report and workshop | 20 Dec | 11,20,000 | on M2 acceptance |
| Total | 28,00,000 |
Your sub-contract share 40% = BDT 11,20,000, escrowed separately, released on the same acceptances.
Terms
Nongor standard services contract v3Dispute: 15-day platform resolution, then arbitration DhakaIP: principal on paymentData: DPA attached
Your net-to-home
Structure A · Canada
Your share, grossBDT 11,20,000
Withholding, statutory 20%−2,24,000
If treaty certificate issued, 10%(−1,12,000)
Nongor 4%−44,800
Escrow bank−3,500
Net to TorontoBDT 8,47,700
≈ today's rateCAD 9,620
Under structure C (your own company) the same share nets BDT 9,12,000 before dividend tax. Conversion pays from your second contract.
Sign
e-signature, all three parties
Educo Bangladeshsigned
Data Insight Associatessigned
Youpending
Today: e-signature valid between parties; a wet-ink copy is kept for the bank