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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is a typical term for an outsourcing contract?

An outsource agreement, sometimes called a commercial outsourcing services agreement, is a legal contract between a company and the contracted service provider they hire to perform services on their behalf.

How do you structure an outsourcing contract?

No matter the contract type, a well formed outsourcing agreement should include: Intellectual property rights. Business process. Detailed description of services. Payment schedule. Insurance requirements. Warranties. Contract terms. Service level agreements.

What are the main types of contracts if you decide to outsource?

The four most common types of outsourcing contracts include fixed-price contracts, contracts based on time and material, cost-plus contracts, and contracts for managed services.

How long are outsourcing contracts?

The duration of outsourcing agreements has become shorter over the past several years. The initial term of most business process outsourcing agreements is three to five years. IT outsourcing contracts may be somewhat longer.

What is the basic outsourcing agreement?

What is an Outsource Agreement? An outsource agreement, sometimes called a commercial outsourcing services agreement, is a legal contract between a company and the contracted service provider they hire to perform services on their behalf.

What are the three 3 types of outsourcing contracts?

There are three main types of outsourcing contracts that you may want to consider: fixed price, target cost contract, and time and materials contract. If you want to find out more about the types of outsourcing contracts, make sure to check out this article.

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