Not all contracts are the same. Learn about the most common contract types—unilateral, bilateral, express, implied, and more—and examples of when each is used.
Master Contracts provide customers opportunities to incorporate processes for considering new and diverse businesses for meeting business needs. Enterprise Services created the search tool below to assist customers with identifying contracts awarded to diverse vendors.
Contracts are generally written and signed, and the legal enforceability of them secures some shelter of reliability. Contracts are widely used in commercial law, and for the most part form the legal foundation for transactions across the world.
View contracts with our service provider, along with performance reports and annual utility metrics. LIPA provides a variety of resources that help you find everything from reports and contracts, to statewide policies and environmental assessments.
Note: Contracts must be made by parties with the necessary capacity (as age or mental soundness) and must have a lawful, not criminal, object. Except in Louisiana, a valid contract also requires consideration, mutuality of obligations, and a meeting of the minds.
Contracts are the foundational elements of every business and human cooperation in society. They enable parties to come together and collaborate towards their specific desires and needs. They are official agreements that are enforceable by law. Therefore, a contract is a legal obligation.
Contracts are a foundational component of the business and legal landscape that shape so much of our day-to-day activities. Depending on the nature of both the existing and developing relationship between entities, different types of legal agreements may be warranted.