Get your Statement of Works Right or Pay the Price

Many of you will know that I’m a straight-up procurement nerd. I would say that I’m a Contract Procurement Nerd who loves to fuse both the legal elements with the practical, straight-talking elements of Procurement. At this intersection, I often find the Statement of Work (often abbreviated to SoW). The Statement of Work is the main document that sets out the specific activities the parties to the contract will undertake whereas the contract will set out the framework to govern these obligations. As you can see, it’s good to get both the Contract Terms right and the Statement of Work which we are going to focus on here.