Connecticut Outsourcing Agreement - Long Form

State:
Multi-State
Control #:
US-CP1025-AM
Format:
Word; 
Rich Text
Instant download

Description

This sample form, a detailed Network Management Systems Agreement document, is for use in the computer, internet and/or software industries. Adapt to fit your circumstances. Available in Word format.
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  • Preview Outsourcing Agreement - Long Form
  • Preview Outsourcing Agreement - Long Form
  • Preview Outsourcing Agreement - Long Form
  • Preview Outsourcing Agreement - Long Form
  • Preview Outsourcing Agreement - Long Form
  • Preview Outsourcing Agreement - Long Form
  • Preview Outsourcing Agreement - Long Form
  • Preview Outsourcing Agreement - Long Form
  • Preview Outsourcing Agreement - Long Form
  • Preview Outsourcing Agreement - Long Form

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FAQ

The fact is, when cost reduction is the primary objective in an outsourcing initiative, the service provider often achieves that goal within the first two years. But outsourcing is a long-term arrangement, with many contracts having a five- or even 10-year term.

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

Outsourcing is a business practice in which a company hires a third party to perform tasks, handle operations or provide services for the company.

In short, an outsourcing contract is a legal document that goes over what work will be handled by the third-party, what expectations you have, what timelines should be achieved, and things of that nature. It basically protects your investment and also dictates how the third-party gets paid.

An outsourcing agreement is a contract formed between a company and a service provider wherein the provider promises to deliver specified services. An example would be data processing from a service provider that utilizes its own staff and equipment, typically working from their own location as well.

There are three main types of outsourcing contracts that you may want to consider: fixed price, target cost contract, and time and materials 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.

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Connecticut Outsourcing Agreement - Long Form