Terms of engagement

1. The engagement

These terms apply to advisory services provided by Andorra Private Advisory Group Pty Ltd trading as Andorra Advisory Group (ABN 77 695 526 964). An engagement commences when we confirm the scope and fixed fee in writing and the engagement payment is received.

Each engagement is scoped in writing before it begins. The scope defines the service level or product, the fixed fee, the expected turnaround, and the information required from you.

2. Fees and payment

• 50% of the fixed fee is payable on engagement, and 50% on delivery of the report or document.
• Fees are not contingent on settlement, finance approval, or the conclusion reached.
• If the analysis recommends against the transaction, the fee is unchanged.
• All fees exclude GST.
• Additional and out-of-scope work is charged at $295 per hour, and only with your prior approval.

3. Information requirements

Fixed fees assume the standard information request issued at engagement is met. Where records are materially incomplete, we notify you of the gap and its consequences before incurring additional time.

Turnarounds run from receipt of the standard information request, not from the date of engagement.

4. Basis of work

Our analysis is based on information supplied by the vendor, the vendor's advisers and the client. Unless expressly stated, that information is not independently audited or verified. Due diligence is a commercial review, not an audit, and does not provide assurance over financial statements.

We do not provide taxation advice, legal advice, financial product advice, audit or assurance services. Nothing in any report is a tax position, a legal opinion, or an offer of finance. Taxation positions should be confirmed by a registered tax agent and legal positions by your solicitor; our reports identify the matters requiring their input.

5. Reliance and confidentiality

Reports are prepared for the client named in the engagement and may not be provided to or relied upon by any other party without our written consent, except where the engagement expressly provides for reliance by a nominated lender.

We treat all client and vendor material as confidential. Documents you upload are handled as described in our privacy policy: encrypted at rest, accessible by signed URLs only, retained for 90 days by default and deleted earlier on request.

6. Termination

Either party may terminate an engagement by written notice. Work completed to the date of termination is charged pro rata against the fixed fee, and any unused portion of payments received is refunded.

7. Disclosures

The disclosures published on this site, including our independence and referral position, scope of advice and basis of work, form part of these terms and are reproduced in the engagement letter.