statement of work term
Definition
A statement of work term is a specific condition or requirement written into the section of a contract that describes exactly what work will be done, by whom, and by when. These terms spell out the details of the job so both you and the other party agree on what success actually looks like. Think of it as the fine print inside the project description that turns vague promises into concrete obligations.
Example
If you hire a web designer, a statement of work term might say the designer must deliver three rounds of revisions within 14 days of your feedback, which gives both sides a clear, enforceable expectation to follow.
Watch Out
Vague or missing statement of work terms are one of the most common reasons business disputes end up in court, so the more specific you make them, the better protected you are.
See which terms appear in your contract?
This definition is for informational purposes only and does not constitute legal advice. Please consult with a licensed attorney for legal guidance.