Association of Consulting Engineers Agreement 1 2009

The Association of Consulting Engineers Agreement 1 2009 is a widely used standard form of agreement between consulting engineers and their clients. This agreement, commonly known as ACE 1, outlines the terms and conditions of the consulting engineer`s services, including fees, liability, and intellectual property rights.

The ACE 1 agreement was created by the Association of Consulting Engineers, a professional organization that represents consulting engineers in the UK. It is designed to provide a fair and balanced framework for the provision of services by consulting engineers to their clients.

One of the key features of the ACE 1 agreement is its emphasis on risk management. The agreement includes clauses that limit the consulting engineer`s liability for certain types of losses or damages. For example, the agreement may limit the engineer`s liability for consequential loss or loss of profits.

Another important aspect of the ACE 1 agreement is its approach to intellectual property rights. The agreement generally provides that any intellectual property created by the consulting engineer in the course of their work belongs to the client. This ensures that the client has full ownership and control over any intellectual property that may be created during the project.

The ACE 1 agreement also includes provisions relating to fees and payment. The agreement typically sets out the scope of the services to be provided by the consulting engineer, along with a fee schedule that outlines how much the client will pay for each stage of the project. These provisions help to ensure that both parties understand the financial obligations associated with the project and can plan accordingly.

In conclusion, the Association of Consulting Engineers Agreement 1 2009 is an important tool for consulting engineers and their clients. It provides a framework for the provision of services that is fair, balanced, and designed to manage risk. By using the ACE 1 agreement, consulting engineers and their clients can work together with confidence, knowing that their rights and obligations are clearly defined.