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A daycare contract is typically signed when a parent hires childcare services. Daycare refers to a business providing care for children while parents work or are otherwise occupied. There are various types of daycare options: 24-hour, center-based, home-based, and specific care for infants and toddlers, with full-service facilities usually being more expensive. Daycares are regulated by each state's child care administration, which enforces specific laws regarding building safety codes and required adult-child ratios. All daycares must hold a valid license and be in good standing to be listed in the state's daycare registry, in addition to complying with state laws.