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A vendor contract is typically used by a company or business that has a partnership with a product or service vendor. They could provide technology products, cleaning services, transportation, or other products and services. The contract will be used to protect both parties, whether they are viewed as a client, partner, or contractor.
The first thing a vendor contract should do is identify both parties. This includes the company or business name, location, and contact person for the party. After this, the scope of services should be listed. This will detail the services or products that the vendor agrees to provide to the business or company. There will also need to be a section detailing the pay rate or amount that the business or company agrees to pay to the vendor for their products or services.
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