Internal contract - Revision history

Designing Buildings at 08:11, 19 November 2020

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	* Service level agreement SLA.		* Service level agreement SLA.

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Designing Buildings at 11:30, 22 January 2018

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	Internal contracts can be prepared within an organisation, i.e. between teams or departments, or used for the outsourcing of services, such as facilities management, IT services, and so on.		Internal contracts can be prepared within an organisation, i.e. between teams or departments, or used for the outsourcing of services, such as facilities management, IT services, and so on.
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−	Instead of consisting of lots of documentation written in legalese – that may need to be relied on in court – internal contracts aim to provide clear evidence of agreements between principals and agents.
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−	The benefits of using internal contracts, in addition to their relative simplicity, are that the client’s accountabilities can be agreed up front, i.e. if certain resources are required from them, and they can serve as the basis of teamwork within the service provider organisation.

	Some of the elements typically required in an internal contract include:		Some of the elements typically required in an internal contract include:

Designing Buildings at 17:45, 27 September 2017

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	For more information, see Service level agreement.		For more information, see Service level agreement.

−	Internal contracts can be prepared within an organisation, i.e. between teams or departments, or used for the outsourcing of services, ~~i.e.~~ facilities management, IT services, and so on.	+	Internal contracts can be prepared within an organisation, i.e. between teams or departments, or used for the outsourcing of services, such as facilities management, IT services, and so on.

−	Instead of consisting of lots of documentation written in legalese – ~~for the purpose of potentially being~~ relied on in court – internal contracts aim to provide clear evidence of agreements between principals and agents.	+	Instead of consisting of lots of documentation written in legalese – that may need to be relied on in court – internal contracts aim to provide clear evidence of agreements between principals and agents.

	The benefits of using internal contracts, in addition to their relative simplicity, are that the client’s accountabilities can be agreed up front, i.e. if certain resources are required from them, and they can serve as the basis of teamwork within the service provider organisation.		The benefits of using internal contracts, in addition to their relative simplicity, are that the client’s accountabilities can be agreed up front, i.e. if certain resources are required from them, and they can serve as the basis of teamwork within the service provider organisation.

Editor: Created page with "An internal contract is one that exists between a principal and an agent, i.e. the agent is legally appointed to act on its behalf. An external contract is one that exists betwee..."

2017-07-27T11:00:18Z

Created page with "An internal contract is one that exists between a principal and an agent, i.e. the agent is legally appointed to act on its behalf. An external contract is one that exists betwee..."

New page

An internal contract is one that exists between a principal and an agent, i.e. the agent is legally appointed to act on its behalf. An external contract is one that exists between a principal and a third party, usually with the facilitation of an agent.

A service level agreement (SLA) is a common type of internal contract, which sets out what a supplier/service provider is required to provide to the client, and to what standard.

For more information, see Service level agreement.

Internal contracts can be prepared within an organisation, i.e. between teams or departments, or used for the outsourcing of services, i.e. facilities management, IT services, and so on.

Instead of consisting of lots of documentation written in legalese – for the purpose of potentially being relied on in court – internal contracts aim to provide clear evidence of agreements between principals and agents.

The benefits of using internal contracts, in addition to their relative simplicity, are that the client’s accountabilities can be agreed up front, i.e. if certain resources are required from them, and they can serve as the basis of teamwork within the service provider organisation.

Some of the elements typically required in an internal contract include:

* Name of the principal/client.
* Name of the agent/supplier.
* The product and/or services to be provided.
* Start date.
* Estimate of the elapsed time required. (For SLAs, this takes the form of a renewal date.)
* Price and the terms of payment.
* Client’s accountabilities, i.e. what the client must do/provide in order for the supplier to successfully perform the contract.
* Risks and assumptions about external dependencies that may hinder the performance of the contract.

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Appointing consultants.
* Construction contracts.
* Facilities management.
* In-house or outsource maintenance.
* Operation, maintenance and training (OMT).
* Procurement route.
* Service level agreement SLA.

[[Category:Appointments]] [[Category:Client_procedures]] [[Category:Contracts_/_payment]]