Limit Currency Statement Of Work For Free

An agency may not award an 8(a) sole source contract under this paragraph for an amount exceeding $25,000,000, or $100,000,000 for an agency of the Department of Defense, unless the contracting officer justifies the use of a sole source contract in writing and has obtained the necessary approval under FAR § 19.808?1 or ...

The statement of work (SOW) is a legally binding document that captures and defines all the work management aspects of your project. You'll note the activities, deliverables and timetable for the project.

Each project requires a unique SOW that outlines the specifics of that engagement. That said, almost all SOWs will include seven elements: the Scope of Work, deliverables, time and resources, payment terms, client services, changes, and terms and conditions.

The amended DOD regulations under DFARS 206.303 caused the then-existing $22M threshold to skyrocket to $100M. (For civilian agencies, the lower threshold was later increased to $25M.) Thus, 8(a)s could receive a DOD sole source under $100M without a J&A.

Why is it important? A Statement of Work is important because it ensures there is no misunderstanding between vendors and their clients when they come on board a project.

There are three main types of statement of work: Functional SOW. Performance SOW. Design SOW.

Use specific descriptions of project scope, requirements, and goals. The objectives/purpose, scope of work, and requirements and tasks sections are very important. The language you use must be precise, so that nothing is misinterpreted after the work begins.