After making a decision on the fundraising consultant you select for your organisation, a contract should be signed and clearly state what is expected from both parties to ensure a good working partnership.
In addition to that contained in the Proposal, other information relevant to a contract should include:
- Expected start and end date
- Professional Indemnity and Public Liability Insurance
- Ownership of IP
- Mechanism for ending the agreement
- The contact person for client and consultancy
- Clarity about invoice terms and expenses
Don’t take fright if the fundraising consultancy wants to retain the intellectual property, this is the mechanism that enable the fundraising consultant to benefit from lessons learned on previous assignments. If clients retained the intellectual property on reports, it would be hard for consultants to access the questions, diagrams, layout they have developed previously.