FEDERAL DEPOSIT INSURANCE CORPORATION
STATEMENT OF WORK
I. SCOPE OF WORK
Independently, and not as an agent of the Federal Deposit
Insurance Corporation (“FDIC”), (Firm/Individual) (“Vendor”) will
provide court reporting as requested.
II. STANDARD OF PERFORMANCE
The Vendor will provide court reporting services to an equal or
higher standard, acceptable to an experienced court reporter, to act
in good faith and in the best interest of the FDIC, and to use its
best efforts in exercising sound business judgment in providing
these goods and services. Vendor agrees:
1. The Vendor will provide a rate of $150 for a full day’s work
(with transcript, $300 if no transcript); or
2. The Vendor will provide a rate of $75 for a half day’s work
with transcript, $200 if no transcript); or
3. The Vendor will provide a rate of $4.95 per page (1 exempt
page requesting a rough ASCII);
4. The Vendor is advised that FDIC will not be responsible for
any injury sustained by Vendor;
5. The Vendor is advised that FDIC will not pay any late payment
6. The Vendor is advised that individuals authorized to request
services, as designated by Regional Counsel (Name), (Telephone
a. (Name), (Telephone Number); and
b. (Name), (Telephone Number).
III. PERIOD OF PERFORMANCE:
The Vendor is advised that orders for services covered by this
contract may commence on (Date) through (Date), or will terminate at
the end of the case cited in the Agreement or Contract (“Period of
The Vendor is advised that the option to renew this contract for
any subsequent cases will depend in part upon fully satisfactory
performance during this period.
The Vendor is advised that in consideration for fully
satisfactory performance and acceptance of the goods and services
described herein, the Vendor will be paid in accordance with the
price(s) agreed upon.
The Vendor is advised that any price changes that are billed by
Vendor during the contract performance will not be paid.
The Vendor is advised that all invoices should be promptly
submitted for payment during the period of performance.
The Vendor certifies that it currently possesses all necessary
licenses, permits and approvals, required in the applicable
jurisdiction, needed to provide and sell these goods or services,
and has the authority to enter into this contract. The Vendor will
be required to provide proof of insurance coverage for Worker’s
Compensation and Employers’ Liability Insurance (minimum $100,000
policy) and General Liability Insurance (minimum $500,000 policy)
upon award or contract.
VI. DELIVERY INSTRUCTIONS
Delivery will be made as specified by the individual authorized
to request services. See Standard of Performance. Paragraph 11,
above. If no place of delivery is stated, delivery will be made to
person and place stated for receipt of invoices or bills.
VII. BILLING INSTRUCTIONS
The Vendor is advised that all invoices must be in duplicate and
must include the price of each item listed in the invoice. All
invoices shall be submitted for payment to:
FDIC, Legal Division
(City, State, Zip)
The Vendor is advised that FDIC is exempt from paying any and all
City, County, State, and Federal taxes as provided by Tax Exempt No.
Agreed and accepted by:
For (Firm or Company’s Name)