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Procurement Terms

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Statement of Work (SoW)
A statement of work (SOW) is a document that outlines the specific tasks, deliverables, and expectations for a project or contract. It provides a clear and detailed description of the work to be performed, including project objectives, scope, timeline, resources, and any other relevant requirements. The SOW serves as a mutual agreement between the client and the contractor or service provider, ensuring that both parties have a shared understanding of the project's goals and deliverables. It serves as a foundation for project planning, execution, and evaluation, guiding stakeholders and facilitating effective communication throughout the project lifecycle.
Specialism:
Contract Management Sourcing