Statement of Work
Statement of Work
Statement of Work
[Company Name]
[Company Address]
[City, ST ZIP Code]
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This Statement of Work (SOW) is issued pursuant to the Consultant Services Master
Agreement between [Client Name] (Client) and [Company Name] (Contractor),
effective
and conditions contained in the Agreement between the parties and is made a part
thereof. Any term not otherwise defined herein shall have the meaning specified in the
Agreement. In the event of any conflict or inconsistency between the terms of this SOW
and the terms of this Agreement, the terms of this SOW shall govern and prevail.
is entered into by and between Contractor and Client, and is subject to the terms and
conditions specified below. The Exhibit(s) to this SOW, if any, shall be deemed to be a
part hereof. In the event of any inconsistencies between the terms of the body of this
SOW and the terms of the Exhibit(s) hereto, the terms of the body of this SOW shall
prevail.
Period of Performance
The Services shall commence on
Engagement Resources
List names of resources and any key information about each.
Scope of Work
Contractor shall provide the Services and Deliverable(s) as follows:
Deliverable Materials
If this is an SOW for deliverable work product, describe deliverables here. If this is an SOW for
services that do not include specific deliverables, you might want to include a statement such
as There are no formal deliverables or work products defined in association with these
services.
Contractor Responsibilities
Define contractor responsibilities.
Client Responsibilities
Define client responsibilities.
Fee Schedule
This engagement will be conducted on a Time & Materials basis. The total value for the
Services pursuant to this SOW shall not exceed [$000] unless otherwise agreed to by
both parties via the project change control procedure, as outlined within. A PCR will be
issued specifying the amended value.
This figure is based on [000] hours of professional services. Contractor will provide up
to [00] resources based on the following functional/rate structure.
Number of
Resources
Item Description
Hourly Rate
Number of Hours
Upon completion of this Performance Period, Contractor and Client will have the option
to renew this agreement for an additional then-stated number of hours at the thencurrent hourly rate for those resources identified.
Bill To Address
[Client Address]
[City, ST ZIP Code]
Invoices shall be submitted monthly in arrears, referencing this Clients SOW Number
to the address indicated above. Each invoice will reflect charges for the time period
being billed and cumulative figures for previous periods. Terms of payment for each
invoice are due upon receipt by Client of a proper invoice. Contractor shall provide
Client with sufficient details to support its invoices, including time sheets for services
performed and expense receipts and justifications for authorized expenses, unless
otherwise agreed to by the parties. Payments for services invoiced that are not received
within 30-days from date of invoice will be subject to a 5% penalty per calendar month.
Completion Criteria
Contractor shall have fulfilled its obligations when any one of the following first occurs:
Assumptions
List any assumptions that are specific to this project.
A Project Change Request (PCR) will be the vehicle for communicating change. The
PCR must describe the change, the rationale for the change, and the effect the
change will have on the project.
The designated Project Manager of the requesting party (Contractor or Client) will
review the proposed change and determine whether to submit the request to the
other party.
Both Project Managers will review the proposed change and approve it for further
investigation or reject it. Contractor and Client will mutually agree upon any
charges for such investigation, if any. If the investigation is authorized, the Client
Project Managers will sign the PCR, which will constitute approval for the
investigation charges. Contractor will invoice Client for any such charges. The
investigation will determine the effect that the implementation of the PCR will have
on SOW price, schedule and other terms and conditions of the Agreement.
Upon completion of the investigation, both parties will review the impact of the
IN WITNESS WHEREOF, the parties hereto have caused this SOW to be effective as
of the day, month and year first written above.
[Client Name]
[Company Name]
By:
Name:
By:
Name:
Title:
Title: