Any OpenText™ agreement has a date and version number that is usually in the document`s baseline. If you are a new OpenText customer, the corresponding version is the latest version of the list below. Current OpenText customers must choose the version that relates to the validity of their purchase. If you can`t find the temporary agreement, please contact your OpenText sales agent. A work account (SOW) is a document used regularly in the field of project management. This is the narrative description of a project`s work requirement.  It defines project-specific activities, delivery items and schedules of a supplier providing services to the customer. THE SOW generally contains detailed requirements and prices with standard regulatory and governance conditions. This is often an important corollary of a master service contract or a bid request (RFP). A framework contract, a framework purchase agreement or a call is an order placed by a customer with their supplier to authorize multiple delivery dates over a period of time, often negotiated to use pre-defined prices. It is generally used when there are recurring needs for consumer goods. Frame orders are often used when a customer buys large quantities and has received special discounts. On the basis of the framework order, “blanket releases” and billing positions can be determined as required, until the contract is completed, the end of the contract period is reached, or until a given order value is reached.
 The U.S. Federal Acquisition Regulation uses the term “Nuet Purchase Agreements” or “BPAs.”  Note that, in many cases, the declaration of work is a binding contract.  Corporate framework agreements or consulting/training service contracts defer specific elements of the contract, which are addressed in individual work declarations. The master service contract serves as a master`s contract for the conditions for potentially several SOWs. It sometimes refers to the volume of work. If a project is implemented by contract. B, the domain instruction that is part of it can be used as SOW, because it also clearly and concisely describes the work of the project.  A framework contract is set at a fixed price for a fixed period. The buyer is looking for the best prices among competing supplier offers.
After the best has been chosen, the prices of the goods are set, and the quantities of each product are also given to the supplier to prepare the stock for the requested delivery. In the case of service contracts in the United States, the use of SOWs remains strong, although objective statements (SOOs) and performance statements (PWS) have become increasingly popular because of their focus on performance-based concepts, such as desired service results and performance standards.