Statement of Work (SOW)
It’s a contractual agreement between your company and a
independent contractor/freelancer/service provider to pay for project resources
based on the achievement of pre-determined outcomes. A statement of work contains:
- Details of the job to be done and of the skills needed to
complete it.
- Clarity over what qualifies milestones as being complete.
- Details of the resources provided, location of work, and other project
information.
- Confirmation of contract duration, payment terms (such as will expenses be
covered), method of payment, currency, etc.
- A summary of obligations of the contracted worker such as expected behaviors,
hours of attendance etc.