A Service Provider Agreement is an agreement that governs the services rendered by the service provider or contractor to the recipient or client. A Service Provider Agreement is important for businesses as it provides a clear outline of the services to be rendered, payment information, protections and limitations regarding the provision of those services and other topics relevant to your engagement.
Each Business Kitz resource contains comprehensive guidance notes as well as helpful suggestions to assist you with populating the document.
Our Service Provider Agreement Template includes an introductory template letter that covers:
- The nature of the engagement
- How the agreement should be executed
An editable schedule with detailed instructions that you can amend (to suit your business) that covers:
- Start and end dates
- Service provider
- Services provided by the service provider
- Service fees
- Invoicing details
- Payment details
This template includes the following sections:
- Fees and expenses
- Invoicing and payments
- Intellectual property
- Third party materials
- Media release
- Limitation of liability
Why does my business need a Service Provider Agreement?
Our Service Provider Agreement Template comprehensively sets out the expectations of both the client and service provider in the provision of the services. This ensures that should disputes arise, you and your client have procedures in place to assist in a swift resolution.
As a service provider or contractor, it is important that your clients understand their payment obligations to ensure prompt payment for your services, aiding your business’ cash flow. A well-drafted Service Provider Agreement clearly states in writing the payment details, frequency and amounts that govern your services to ensure that you are paid in full and on time.
It is important that as a service provider or contractor, you and your clients are aware of when and why you may terminate the provision of your services. This agreement is comprehensively drafted to assist you in terminating your working relationships and also provides additional protection post-engagement, covering topics such as intellectual property and confidentiality obligations.
Alternatively, if your business is engaging a service provider, we recommend using a Services Engagement Agreement Template.
IMPORTANT NOTICE: While you are purchasing a very comprehensive Australian template, it is important to understand that the purchasing of this template is not considered legal advice. If you require legal advice and support utilising this template, or if you have other questions, you can book a free 15 minute consultation with a team member from our associated law firm Legal Kitz. BOOK NOW
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