What is a Statement of Work?
A Statement of Work describes project-specific activities and timelines for a vendor who is providing services to the client. By laying out the individual tasks, who those tasks are assigned to, and the way in which the tasks will be completed allows clients and service providers to be on the same page for the course of a project. The Statement of Work specifically deals with a single project, and is usually connected to a document that outlines the details of a larger relationship between a client and service provider.
A Statement of Work can be used to detail the objectives, purpose, and terms for a project. A Statement of Work can also help businesses or individuals understand the products or services that need to be delivered and outline what each party will be responsible for over the course of the project. No matter how small a project is, the Statement of Work should be used to record the details of a project and the terms under which the project will be executed. Using a Statement of Work helps you keep track of important information regarding a project and keeps the parties well informed and focused on the project goals.
When to use a Statement of Work:
- Your business will be providing services or products to a business or individual for a specific project.
- Your business will be working with another business or individual on a specific project.
- You will be contracting with a business or individual to work on a specific project.
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This Statement of Work ("SOW") is between ("Client") and ("Contractor"), effective (the "Effective Date").
This SOW is entered into, as of the Effective Date, by and between the Client and Contractor, and is subject to the terms and conditions specified below. The Exhibit(s) to this SOW shall be deemed to be a part hereof. In the event of any inconsistency between the terms of this SOW and the Agreement, the terms of the SOW shall prevail.
The purpose of this SOW is agreed to by the parties as follows:
Scope of Work
This SOW outlines the tasks and deliverables currently anticipated by the parties during the SOW term. Beginning on , will provide the following product(s) (collectively, the "Products") or service(s) (collectively, the "Services"):
as described in the attached exhibit(s).
and will engage in the project according to the following timeline:
Period of Performance
The Services shall commence on
The products or services provided by will be considered complete by as long as the following conditions or criteria are met:
Payment shall be made to the Contractor in the total amount of upon execution of this Agreement
IN WITNESS WHEREOF, the parties hereto have executed this SOW to be effective as of the day, month and year first written above.
EXHIBIT A: DESCRIPTION OF PRODUCT(S) OR SERVICE(S)