- (a) Any licensee or credential holder who accepts employment from an individual to perform any function listed in Arkansas Code § 17-40-102(27) must execute a contract with the client.
- (b) The contract must be written or audibly recorded.
(c) It shall state:
- (1) The purpose of the investigation or employment;
- (2) The fee to be charged;
- (3) How the fee is computed; and
- (4) How the fee is to be paid.
- (d) If a retainer is required, the contract shall state the amount of the retainer and what services will be covered.
- (e) The contract is to be signed by the investigator and the client or contain an audible recorded oral acknowledgment of understanding by both parties of the contract.
(f) Any additional services added by either party shall be:
- (1) In writing or audible recording;
- (2) Added to the contract; and
- (3) Acknowledged by both parties.