According to 18 CFR 35.2, (Title 18 – Conservation of Electricity and Water Resources; Chapter I – Federal Energy Regulatory Commission, Ministry of Energy; Sub-chapter B – Provisions of the Federal Electricity Act; Part 35 – Presentation of Tariff Plans and Tariffs; Subsection A – Application), the term service contract as used herein means "an agreement that authorizes a customer to use the electrical service under the terms of a tariff. A service contract must be required in writing. Any oral agreement or agreement that forms part of such a declaration shall be reduced to and form part of the written form. A service contract is marked with a service contract number. If the service contracts cover products, the contract may include repairs, replacement of parts, replacement of the product, diagnosis of the product, upgrade of parts or software, sending a service representative to perform repairs, refunds and/or returns. If Customer wishes to provide the Service Provider with services, tools, offices, equipment, etc. to provide the Services, Customer must select "Yes" to the question "Will Customer provide anything to the Service Provider?" and then describe what it provides. The parties to the service contract are the customer and the service provider. The Customer is the natural person or company seeking the Service in search of the Service, while the Service Provider is the natural person or company providing the Service. Service providers can sometimes be identified as "individual contractors", "freelancers" or "consultants". a. a description of the services to be provided and their frequency; This question concerns the question of whether the customer will be penalized if they do not pay the service provider on time.
Select "Do not specify" to not mention if there are penalties for late payment. Select "No" if the agreement explicitly states that there are no penalties for late payment. Select "Yes" to explicitly indicate the penalties for late payment. The problem with verbal chords is that they are difficult to prove. In the event of a dispute, a court should hear evidence and decide which version of the truth to accept. If there is a written agreement, the courts are usually required to comply with it, even if they do not agree with them. .