FREE 15+ IT Contract Samples in MS Word | Pages | Google Docs | PDF

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What Is an IT Contract?

An IT contract is a document that details the agreed terms and conditions of an IT service provider and his client. The contract is legally binding, so it needs to include what its governing state law is. And, the contract should have a service agreement statement to serve as proof that the client accepted the IT services or goods.

How to Make an IT Contract

Agreeing to someone and giving them a handshake for a business transaction is not enough to establish ground rules. That’s why one must make a contract. And according to concordnow.com, one of the top 7 reasons why contracts are essential for businesses, especially in the IT industry, is because it records the commitments and roles of the involved parties. So, when you are about to write the contract or create one using templates and samples, keep the following tips in mind:

1. Know the Scope and Risks

Making contracts can be tricky; aside from knowing what the other party expects and wants, you must also know the legal aspects. So, it’s essential that you identify the scope of your contract agreement and whether signing into this will incur a significant risk in your IT business. If ever there are greater risks than the benefits, then you should hire an attorney to ensure that the fine prints of the contract are well-detailed and explained.

2. Include Crystal-clear Financial Clauses

You must be clear in your IT contract about discussing and inputting clauses about money, payments, and financial obligations. Therefore, you should state how much your client must pay with the contract payment schedule, the agreed payment method, and what your financial obligations are, as well. Also, there should also be a clause about how much each involved party will pay during a contract breach or when a legal dispute arises.

3. Don’t Forget Plan B’s and Exit Plans

Before an issue arises, you should have a list of resolutions on hand, especially when it comes to getting into IT contracts. So, you must state various solutions with its legal aspects and procedures to follow. Also, it should have a contract termination clause for indicating how and when the contract must end or what the exit plan is.

4. Define and Proofread

In a legal contract that’s more than 15 pages, most of the time, you’ll see a definition of terms page. It’s to present and provide the definitions of each term used in the contract for clarity. Even if your contract is only a few pages, you must still define the terms, though not necessarily in an entire page. On the one hand, you can also opt to use simpler terms or words, so there would be no need to add definitions. And, when you’re done making the contract, always proofread the contents.

Contracts are essential regardless of what business or industry you belong. So, before you verbally agree to everything that your IT client will request from you, make sure to make an IT contract first. Don’t go rushing on having the contract signed; instead, take your time, draft the contract, and finalize its terms to suit what you and your client’s business will be needing.