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What to include in your contract. Description of services. Lay out exactly what professional services you and your company will receive. ... Payment terms. Describe when and how the contractor will be compensated. ... Ownership rights. ... Confidentiality clause. ... Indemnification clause. ... Amendment. ... Termination. ... Dispute resolution.
In your service contract, include the services, payment, timeline, and any other important terms you agreed upon. As you begin to deal with more money and bigger assets, you may want to hire a service contract lawyer to help you draft your document. They can ensure that your terms and conditions hold up in court.
The Service Contract Labor Standards (SCLS), formerly the Service Contract Act (SCA), is applicable to GSA Multiple Award Schedule (MAS) contracts that offer services.
Service Contracts are agreements between a customer or client and a person or company who will be providing services. For example, a Service Contract might be used to define a work-agreement between a contractor and a homeowner. Or, a contract could be used between a business and a freelance web designer.
The SCA provides covered service workers on federal service contracts the right to receive at least the locally prevailing wage rate and fringe benefits, as determined by the DOL, for the type of work performed.
The Service Contract Act applies to every contract entered into by the United States or the District of Columbia, the principal purpose of which is to furnish services in the United States through the use of service employees.
Effective June 27, 2023, the Health and Welfare Fringe Benefit Rates increased for those affected Service Contract Act wage determinations. The low-level (employee-by-employee) benefit is $4.98 per hour or $199.20 per week or $863.20 per month.
The McNamara-O'Hara Service Contract Act requires contractors and subcontractors performing services on prime contracts in excess of $2,500 to pay service employees in various classes no less than the wage rates and fringe benefits found prevailing in the locality, or the rates (including prospective increases) ...