This professional services agreement between the Town of Fountain Hills and Arizona Business Advisors, LLC, outlines the terms and conditions for the provision of professional services, including planning and implementing a coworking space and/or business accelerator, as well as providing business support and education to the broader Fountain Hills business community. The agreement includes details on the scope of work, compensation, and insurance requirements. Key aspects of the agreement include:
• The Town of Fountain Hills is seeking to develop a coworking space and/or business accelerator to support local businesses.
• Arizona Business Advisors, LLC will provide professional services to support this initiative.
• The agreement includes a detailed scope of work, outlining the specific services to be provided by the vendor.
• The compensation for the services will be a lump sum amount not to exceed $20,000.
• The agreement includes insurance requirements, including commercial general liability insurance and workers' compensation insurance.
• The agreement outlines the terms and conditions for termination, including notice periods and payment obligations.
This agreement is significant for the Town of Fountain Hills as it aims to support local businesses and promote economic development. The services provided by Arizona Business Advisors, LLC will help to create a supportive environment for businesses to grow and thrive.