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In contracts for services, what is a document describing the essential functional and technical requirements for...

In contracts for services, what is a document describing the essential functional and technical requirements for services, including the standards that will be used to determine whether the requirements have been met?

1. Procurement Contract

2. NDA

3. Statement of Work (SOW)

4. Letter of Intent

5. Timeline

Business   Operations-Management   
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Answer #1

Question: In contracts for services, what is a document describing the essential functional and technical requirements for services, including the standards that will be used to determine whether the requirements have been met?

Answer: Statement of Work (SOW)

Snippets: Statement of Work (SOW) is a critical project document that determines the essential functions of the project such as project scope, resources, technical requirements, location, standards, payment mode, and delivery schedules.

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