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Daily meeting with outsourcing team, advisable or not?

We are outsourcing the complete refactoring of our software. 

We expect architectural changes as well as functional and GUI changes in an incremental manner.

I expect the outsourcing company to work in agile way and I'm in charge of assessing their proposal and I will also be the main technical contact point in the project.

Should I require to participate in the daily meetings at least as a listener? 

Will such participation requirements  be considered harmful or absurd? Or what could be the consequences (project cost will be higher?)


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