statement of work

statement of work. A contractual provision or exhibit that defines what one party (e.g., the seller) is going to do for the other (e.g., the buyer). • The statement of work often covers such terms as (1) inspection and acceptance, (2) quality-assurance requirements, (3) packing and marking, (4) data requirements, and (5) training. There are generally two types of specifications in a statement of work: a performance specification establishing the minimum requirements for items to be supplied, and a design specification establishing the methods to be used in meeting those minimum requirements. — Also termed statement-of-work clause. — Abbr. SOW.
专业法律词汇 词条贡献者
双语律师李黎,国际知名法学院法律专业,擅长翻译各类与消费者金融诉讼相关的法律文件。
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