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Project Contracts

Project contracts are formal agreements between parties outlining the terms and responsibilities for a specific project. They define what work will be done, how it will be done, the timeline, costs, and payment terms. These contracts help ensure all parties understand their roles and expectations, reducing potential disputes. They can involve clients, contractors, or suppliers and cover various fields, from construction to software development. In essence, a project contract serves as a roadmap for collaboration, ensuring that everyone is on the same page regarding the project's goals and requirements.