UK Based Contracts - Our Model of providing experienced Engineering Contractor/Sub Consultant.
Over the last twenty years we have used revenues from Engineering Contractor/Sub Consultant Contracts to help provide resources for our R&D programs, instead of having to go to Venture Capitalists or use of unlikely borrowing from Banks. So we aim to provide a Model that tries to regain the initiative and fulfil the need to both Parties.
Whenever we have Engineering Resources that are not fully occupied, we will be contacting directly potential Engineering Consultants that have a similar list of Services to ourselves, to offer our services. Potential Clients can use the Engineering Expertise of our Technical Team. All our Sub Consultant Team members are British Citizens or EU Nationals, that work remotely or are resident inside the UK.
Our Sub Consultant Resource is based around an experienced Engineer, working with the Clients Team to provide all the Deliverables. An alternative option will be to provide additional resources when required managed by the Sub Consultant, for example Revit/CAD Technicians, to fulfil a certain agreed Task of the overall Scope. All our Sub Consultants have sufficient expertise, demonstrated by the previous Projects involved with, listed on their CV, and reinforced by the subsequent on-line Interview to discuss the proposed Scope of Works.
On agreement of going ahead with a Scope of Contract between Client (Consultant/Contractor) and Engineering Contractor/Sub Consultant, with an understanding of Levels of integration into Client Infrastructure, Project related responsibilities, Scope Deliverables, and Office/Site hours or Remote site expectations. A contract will be signed between parties to clarify any Contract agreement conditions. Different Contract options are available: RIBA subconsultant professional services contract, Or Clients Contract Template or Our Contract Template.
Invoicing - with an hourly description of Tasks completed - Invoicing will be made using the methodology of a Business-to-Business (B2B) transaction - the reverse charge mechanism usually applies.
Under this system:
• Even though Netgreen.eu OU is VAT Registered, we will not charge VAT on the invoice.
• The UK-based Client is responsible for accounting for VAT through the reverse charge. The UK business will both declare the VAT and recover it as input tax (services relate to taxable supplies), effectively making it VAT-neutral.
• Netgreen.eu OU will include a note on the invoice, such as: “Subject to reverse charge: customer to account for VAT.”