A services agreement is a formal document created between a contracting officer or company and a contractor or vendor where the two parties identify and describe the services to be offered by the contractor and the amount of payment to be given to him for his services. The services agreement must mention the names and contact details of the parties involved, the services required and term of the contract during which the contractor shall take responsibility of offering those services.
Other important terms shall include conditions to be followed by the contractor to ensure good performance, following safety codes and company policies and also mention who shall be in charge of supplying labor, equipment etc and what is the charge for those aspects. The agreement must also include conditions under which the agreement will be terminated and how often inspection will be done. The agreement may also include provisions by which the contractor is eligible to hire subcontractors for providing the services.
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Sample Services Agreement
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