Project Agreement Letter
Project Agreement Letter
[Your Name]
[Your Company Name]
[Your Company Address]
October 16, 2050
Jeremy Marvin
GazeGuru
Colorado Springs, CO 80901
Subject: Project Agreement Letter for Software Development Services
Dear Jeremy Marvin,
This Project Agreement Letter ("Agreement") is made effective as of October 16, 2050, between [Your Company Name] ("Service Provider") and GazeGuru ("Client") for the development of software services as outlined below.
1. Project Scope
The Service Provider will develop a web-based application for inventory management as per the specifications provided by the Client.
2. Milestones
The following milestones will be achieved:
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Milestone 1: Initial requirements gathering and project plan - Due by November 15, 2050
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Milestone 2: Completion of design and prototype - Due by January 10, 2051
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Milestone 3: Final delivery and deployment - Due by March 1, 2051
3. Responsibilities
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Service Provider Responsibilities:
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Deliver the software according to the agreed specifications.
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Provide ongoing support during the project phase.
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Client Responsibilities:
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Provide timely feedback and necessary resources.
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Ensure availability for project meetings.
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4. Payment Terms
The total project fee will be $50,000 and will be paid as follows:
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30% upon signing this Agreement.
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30% upon completion of Milestone 2.
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Remaining balance upon project completion.
5. Duration
The project will commence on October 20, 2050, and is expected to conclude by March 1, 2051.
6. Acceptance
By signing below, both parties agree to the terms outlined in this Agreement.
Sincerely,
[Your Name]
Accepted by:
Jeremy Marvin
Director
October 16, 2050
