Leistungsverträgen
Leistungsverträgen, often translated as performance contracts or service level agreements (SLAs), are legally binding agreements that define the level of service expected from a service provider and the remedies or penalties if the agreed-upon levels are not met. These contracts are commonly used in business-to-business transactions, particularly in IT, telecommunications, and outsourcing. The core purpose of a Leistungsvertrag is to establish clear expectations and accountability between the parties involved.
Key elements typically found in a Leistungsvertrag include specific, measurable, achievable, relevant, and time-bound (SMART) performance
Leistungsverträgen are crucial for managing risks and ensuring that a service provider delivers value to the