Service Contract (Legal)
Introduction
A contract for the provision of services is the contract by which one person, normally a specialist, in some area, undertakes with respect to another person to perform a series of services in exchange for a price. It is important to note that the payment of the contract is directed to the fulfillment of goals, hours, objectives, projects; etc This is an onerous contract, and the payment consideration is in money or kind, which will be paid proportionally according to the activities carried out.
Definition
The contract for the provision of professional services is: the contract under which one party, called a professional, undertakes to carry out work that requires technical and artistic preparation and sometimes a professional title for its completion in favor of another person called a client, in exchange for remuneration called fees.
Characteristics
Main, bilateral, onerous, commutative, consensual as opposed to formal, instantaneous. In this type of contract, the contractor does not pay maternity leave, disability, bonuses, severance pay, pensions, para-fiscal benefits, health benefits, or vacations. Furthermore, since the service contract is not regulated by the labor code, it is not subject to the minimum wage, which is why it can be made for any amount desired.
Infrastructure construction and contracting projects
Save time and costs thanks to project-controlled materials management that ensures that all equipment is purchased and/or built according to the project plan and not controlled by traditional MRP manufacturing processes. Contracting and subcontracting management, unlike the traditional approach using purchase orders, allows you to manage complex contracts and structured deliverables with specific rules for progress and billing.[1].