| Vendors - Contract Master Service Agreement at Remote, Remote, USA |
| Email: [email protected] |
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Hi Partner, Please see the details we would require releasing our contracts to your company. You will also find other important details outlined below. If you have any questions, please let me know. PAYMENT TERMS Your payment terms with Collabera would be Pay when paid (Approx 120+ days after Monthly Invoicing). Collabera will dispatch your payments within 10 business days of the receipt of the payments from the client. Documents required: W-9 Form AOI (Article of incorporation) COI (Certificate of insurance) Also, please find below a snapshot of Collaberas terms and conditions with IBM: Name of the company as it appears on the form W9 | | Full address of the company as it appears on the form W9 | | Name of the Contact person | | Email Id of the Contact person | Phone number of the Contact person | | Name of Contract Signing Authority | | Email Id of the Contract Signing Authority | | Federal ID of the company as it appears on the form W9 | Is your company an eVerify company (Yes/No) | | No Multilayering & No 1099 acceptable, candidate should be on own W2 IBM WAGE VERIFICATION PROCESS Contractor agrees to abide by the Mark-up guideline established by the Client and Contractor agrees to and further warrants that within the first 45 days of commencement of services: Contractor aggress to pay contractors Employee a wage no less than the hourly wage stated in the WO consistent with the IBM mark-up guideline Contractor further agrees to provide Collabera with proof of such payments being made, wage verification, and benefit detail deductions, based on the employees wage listed above, within (1) month of the commencement of the services by the contractors employee, which proof shall be substantive enough to pass a professionally conducted audit. Within fifteen (15) days of the end of each calendar quarter, contractor shall provide COLLABERA with copies of any and all paystubs for all resources provided by Contractor under a Work order during such quarter. In addition, Contractor shall provide COLLABERA with copies of any pay stubs or other records regarding a resource provided by Contractor under a Work Order as Collabera may request form time to time in writing. Contractor shall provide Collabera with such pay stubs or other records requested by Collabera with ten (10) days of Collaberas written request. Collabera shall have the right to audit contractors employees payment records to ensure that they are compliant with the requirements of Collabera client to which the contractors employee is providing services Upon starting work under a work order, and at any time thereafter upon written request of Collabera, contractor shall cause each of its resources to send a letter, signed by such resource, directly to Collabera, which confirms the wages being paid by contractor to that resource under the applicable Work order. If a discrepancy is found and verified by Collabera that contractors compensation to their employee is not meeting at least the minimum hourly rate outlined in the client mark-up guideline, then contractor agrees to credit back to Collabera the difference between the employee actual wage and contractors contracted wage for the employee as outlined in the client mark-up guideline. This credit will be retroactively assessed from the date of the first noted discrepancy, as determined by the client, and is payable within 10 business days from the formal notice of a validated discrepancy. Failure to provide the above listed Client-required documentation with the 45 days from Contractors start date will be considered a material breach of this agreement. IBM INSURANCE REQUIREMENT As for Insurance, Vendor needs to provide COI with client's name International Business Machines Corporation and Kyndryl Inc and Collabera LLC as an additional insured in the Description of the COI.. The Insurance certificate must show the following minimum limits: Commercial General Liability with a minimum of $5,000,000 Workers' Compensation as required by local law or Employer's Liability Insurance of $1,000,000 Business Automobile Liability with a minimum of $5,000,000 Applicable Client Insurances as stated within the Consulting Services Agreement Regards, Thanks & Regards , Rahul Kumar | Vendor Management || BDM Accrete Macro Solutions LLC Number: +1 (319) 382-5568 E-Mail: [email protected] Website: www.accretemacro.com -- Requirement Distribution List Added As Per Your Request C2C Role and C2H Role Direct Client || Prime Vendor || Implementation Partner --- Keywords: information technology wtwo Idaho Vendors - Contract Master Service Agreement [email protected] |
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| 08:49 PM 11-Feb-25 |