- +880-1711990020
- info @hr.com.bd
- News/Blogs
HRBD provides outsourced contract management and drafting services in Bangladesh, covering commercial contracts under the Contract Act, 1872 and employment contracts under the Bangladesh Labour Act, 2006. The service manages the full contract lifecycle — drafting, negotiation, execution, renewal, and termination — for foreign employers and local SMEs operating without an in-house legal team.
Six functions below run a contract from first draft to final closure. Each works as a standalone service or as part of a full-lifecycle retainer, with every agreement tracked in a central repository from the day it is signed.
HRBD drafts commercial, vendor, and employment agreements that satisfy the validity requirements of the Contract Act, 1872 — lawful offer, acceptance, consideration, and competent parties — in clear, enforceable terms.
Counterparty drafts are reviewed clause by clause — indemnities, payment terms, liability caps, and termination triggers — with plain-language redline summaries, so decision-makers approve balanced terms without legal training.
Contract execution converts an agreed draft into a binding document: signatures coordinated, authorized signatories confirmed, effective dates recorded, and executed copies distributed and filed the same day.
Each signed contract's obligations — deliverables, payment schedules, notice requirements, and statutory duties — are tracked against deadlines, with exposure flagged before a breach occurs.
Expiry dates, auto-renewal clauses, and notice windows run on advance alerts, so renegotiation happens on schedule. Employment terminations follow Bangladesh Labour Act, 2006 procedure.
Every agreement, amendment, and executed copy sits in one searchable repository with version history — produced on demand for audits, due diligence, or disputes.
HRBD manages six contract categories in Bangladesh — employment contracts and appointment letters, vendor and supplier agreements, client and service agreements, NDAs and confidentiality agreements, fixed-term and probationary contracts, and amendments, renewals, and terminations.
Employment Contracts & Appointment Letters
Drafted to Bangladesh Labour Act, 2006 requirements, including the Section 5 written appointment letter.
Vendor & Supplier Agreements
Purchase, supply, and outsourcing terms reviewed for payment, delivery, and liability balance.
Client & Service Agreements
Service scope, fees, and obligations documented in enforceable, plain-language terms.
NDAs & Confidentiality Agreements
Confidentiality obligations defined with clear duration, scope, and remedies.
Fixed-Term & Probationary Contracts
Term, probation, and notice provisions aligned with Labour Act, 2006 rules.
Amendments, Renewals & Terminations
Changes, extensions, and closures executed and recorded against the original agreement.
Most SMEs and foreign employers in Bangladesh carry contract volume that is too small to occupy full-time counsel yet too risky for ad-hoc handling. Outsourced contract management closes that gap without the fixed overhead of a legal hire.
HRBD's advantage is integration: contract work sits inside the same EOR structure that runs payroll, labor law compliance, and employee administration, so employment terms, statutory duties, and HR records stay consistent instead of drifting across vendors. Drafting and review treat the Contract Act, 1872 and the Bangladesh Labour Act, 2006 as working checklists — and where an agreement raises wider regulatory questions, the work connects directly with HRBD's legal compliance services.
Every engagement follows the same four-step workflow — intake and requirement mapping, drafting and review, negotiation and execution, then monitoring through renewal or termination — whether the scope is a single agreement or a full contract portfolio.
HRBD records the business context, counterparties, commercial terms, and risk tolerance for each engagement. This intake defines what every contract must achieve and which statutory checkpoints apply before a single clause is drafted.
New agreements are drafted, and counterparty drafts reviewed, against Contract Act, 1872 validity elements and Bangladesh Labour Act, 2006 employment checkpoints. For expatriate hires, drafting coordinates with work permit and visa processing so employment terms and immigration status stay aligned.
Redlines are negotiated until terms are balanced, with each round summarized in plain language for approval. Signatures are then coordinated, effective dates recorded, and the executed contract enters the tracked repository.
Obligations, notice windows, and expiry dates run on advance alerts until the contract renews or closes. Employment terminations follow Bangladesh Labour Act, 2006 procedure, with records maintained through employee administration.
In-house counsel fits daily, high-volume legal work; outsourced contract management fits recurring contract volume that would not fill a full-time legal role. The table below compares both options across five criteria.
| Criteria | In-House Counsel | Outsourced (HRBD) |
|---|---|---|
| Cost structure | Fixed salary and overhead | Per-contract or retainer, scales with volume |
| Statute coverage | Depends on the individual hire | Contract Act, 1872 and Labour Act, 2006 as standard checkpoints |
| Renewal tracking | Manual, person-dependent | Alert-driven repository |
| Continuity | Gaps during leave or resignation | Team-based, no single point of failure |
| Best fit | Daily, high-volume legal work | Recurring volume below a full-time role |
Decision rule: if contract work is recurring but would not fill a full-time legal role, outsourced contract management is the cost-efficient route; daily, high-volume legal operations justify in-house counsel.
HRBD’s scope covers drafting, review, negotiation support, execution administration, repository management, and renewal and termination tracking for employment, vendor, and client contracts. Disputes that escalate to litigation are scoped separately.
The Contract Act, 1872 (Act No. IX of 1872) governs commercial agreements in Bangladesh through 238 sections across 11 chapters, in force since 1 September 1872 and adopted unchanged after independence. Five sections decide whether a contract holds up, and HRBD applies each one as a drafting checkpoint.
SOURCES & REVIEW
The Contract Act, 1872Bangladesh Labour Act, 2006
Laws of Bangladesh — bdlaws.minlaw.gov.bd
Reviewed by Romana Aktar, Head of Compliance, HRBD
Send HRBD an agreement to review, or hand over the contracts you already hold. Drafting, renewal alerts, and Contract Act, 1872 checkpoints run from one place.
