Need a Legal And Professional Services Contract in Kentucky? AroundWire Can Help

In Kentucky, contracts for Legal and Professional Services—covering areas such as legal counsel, accounting, consulting, and specialized advisory services—are governed by both state procurement statutes (notably KRS Chapter 45A, the Kentucky Model Procurement Code) and professional licensing regulations. Providers must hold all relevant state licenses (e.g., attorneys licensed by the Kentucky Bar Association, CPAs registered with the Kentucky State Board of Accountancy) and may need to demonstrate good standing and professional liability insurance, with minimum coverage often specified in the solicitation. Typical contracts require clear statements of work, confidentiality clauses, conflict of interest disclosures, and adherence to state ethics laws. Kentucky often mandates indemnification provisions favoring the state, and limitations on liability may be restricted by statute. Payment terms generally follow the state’s prompt pay requirements, with net 30 days being standard, though retainage or milestone payments may apply for longer engagements. Dispute resolution usually favors negotiation and, if necessary, litigation in Kentucky state courts, as arbitration clauses may be disfavored or require express approval. Contractors should be aware of open records laws, as contract documents may be subject to public disclosure. Risk factors include compliance with evolving state procurement rules, strict adherence to scope, and potential for audit. Local norms emphasize transparency, competitive selection (often via RFP or RFQ), and periodic performance reviews.