Outsourcing involves the passing of an in-house function from a business to an external organisation. This typically comprises the transfer of the whole of an existing department, such as catering, security, payroll or IT/ telecoms.
OUTSOURCING
Pactum Law can act on behalf of either users or suppliers wishing to engage in the outsourcing process.
Outsourcing contracts usually consist of a Transfer of Assets Agreement for the handing over of assets such as hardware, and also a Services Agreement for the codification of ongoing provision. A key issue is that when employees are being transferred, certain legal obligations may be imposed on both on their old and new employers.
Pactum Law can act on behalf of either users or suppliers wishing to engage in the outsourcing process. This includes assisting in the invitation to tender or the formulation of responses thereto, due diligence in respect of valuation, contract negotiation and re-tendering.