Service Contract Checklists

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For any business involved in the provision of services, properly drafting service contracts is a key element to successfully sealing a service contract deal. However, it is not by any means nor even close to being easy to draft and create an effective and reasonable service contract for both parties involved.

It is therefore imperative for both the service provider (or contractor) and the client to have a service contract checklist in drafting the partnership agreement. Making sure that there are no loopholes and that each party is accountable for any deliverables is vital to every service contract.

Contract Checklist Template

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Service Contract Checklist Example

service contract checklist template
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Size: A4, US

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What Is a Service Contract Checklist?

A service contract checklist is a tool that can be used mainly—

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Service Contract Checklist: Asking the Right Questions

In checking your service contract, the following questions should be asked to unearth possible issues relating to the drafted service contract. If your contract does not cover the question, then it is recommended that you incorporate the answer to the question in your contract:

Service Checklist Basics

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In a service contract, you should take particular note of the following key factors:

What Is a Service Contract?

A service contract is a legally binding agreement between a business and a self-employed individual to do a certain amount of work at a certain period of time.

It is completely different from an employment contract mainly because with a service contract, a self-employed individual only offers services for a duration of time, while for an employment contract, an individual becomes employed full-time and indefinitely by the company or business. Employed individuals also gain benefits and insurances while a contracted individual has to pay for themselves.

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Establishing the Form of a Service Contract

Some service contracts are based on word-of-mouth deals or through business emails. While these may be acceptable, it is implied that there is the intent of putting the agreement into writing which is then legally binding and would properly detail the things that a client wants to be done.

Types of Service Contracts

A service agreement is generally classified into three types—namely memorandum of understanding (MOU), master agreement, and service level agreements (SLA).

Situational Service Contract Types

As being in the order, service contracts are generally from MOUs down to master agreements to service level agreements. Service agreements can be simple, medium, or complex in nature which involves the three types of service agreement mentioned above.

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Parts of a Service Contract“]

Key Elements of a Service Contract

A complete and effective service contract is one that defines the requirements in relation to the expected results and risk factors involved in the undertaking of the service contract. The following elements are vital to any service agreement or contract:

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Negotiating the Terms of the Service Contract

There exists no definite format for service contracts applicable to all situations. Each situation is unique as each circumstance is determined by many different factors such as the following:

How to Make a Service Agreement

In making a service agreement or contract, you are getting confirmation from a client to agree and abide by the terms in which you have drafted the service agreement, which in turn is a great help in the long run of your business relationship. It minimizes—if not erases—possible causes of contention or disagreements along the course of your business.

The following are basic guidelines or pointers that you may want to include in the making of your very own service agreement:

In most cases, the client is sure to consider your position and would more often than not accept your terms. The main point to this whole thing is to be able to deliver what the client wants and ensure the client that you are doing your best in getting the job done.

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