Contracting

Contracting is a type of sourcing agreement between a buyer and seller of professional training services. Considered an out-tasking model, contracting is typically used for less strategic and less complex engagements, such as instructional design and course delivery. Contracting engagements are generally term- or time-based, meaning the financial charges are typically incurred on an hourly, daily or weekly basis.

Contracting is one of the seven stages of outsourcing.

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