Scope of Work
Describe deliverables, milestones, acceptance criteria, and performance standards so each party understands required outputs and inspection procedures.
A clear Lennar Business Services Agreement aligns expectations, limits liability, and documents compliance obligations such as record retention and data protection. It creates an enforceable framework for payments, performance milestones, confidentiality, and remedies, reducing the risk of disputes and supporting auditability under ESIGN and UETA where electronic execution is used.
Different teams prepare, approve, or sign the agreement depending on role and responsibility.
Keep each team’s responsibilities clear: procurement drafts, legal reviews, finance confirms billing, and authorized signatories execute for their legal entity.
Describe deliverables, milestones, acceptance criteria, and performance standards so each party understands required outputs and inspection procedures.
Define the fee schedule, invoicing cadence, payment due dates, late fees, and any retainage or milestone-based payments to avoid billing disputes.
State the handling of confidential information, permitted disclosures, duration of obligations, and carve-outs for required disclosures.
Allocate responsibility for third-party claims, caps on liability, and the scope of indemnification for breaches or third-party losses.
Specify required insurance types and limits, warranty period for services or goods, and claims procedures for defective performance.
Outline termination for convenience and cause, cure periods, transition assistance, and post-termination payment or return obligations.
| Field | Configuration |
|---|---|
| Signer order | Sequential or parallel signing based on approval requirements. |
| Authentication | Email link default; use SMS or KBA for higher assurance. |
| Expiration settings | Set a signing window (e.g., 14–30 days) to avoid stale offers. |
| Notifications | Enable reminders and completion notices to signers and admins. |
Ensure file formats, integrations, and authentication meet internal IT and legal requirements before e-signing.
Confirm platform encryption and audit capabilities, and retain export copies (PDF + audit trail) to satisfy retention and audit requirements.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | Yes, 7-day trial | Verify with vendor | Verify with vendor | Verify with vendor | Verify with vendor |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
Date when the contract becomes binding, entered as MM/DD/YYYY.
Milestones with specific due dates and acceptance windows.
Define when invoices are submitted and required supporting documentation.
Specify Net terms, e.g., Net 30 from invoice receipt.
State notice period for termination or non-renewal, commonly 30–90 days.
Tim Martin digitized lease and vendor agreements to reduce turnaround time.
Xerox integrated signed contracts into their ERP to automate processing.