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Question:

Procurement statement of work, insurance and performance bonds, vendor pricing, and payment terms are all elements of what record?

A Agreements
Explaination

An agreement is a mutually binding document that obligates the seller to provide a specific set of products, services, or results. It typically contains a lot of information, such as the procurement statement of work or major deliverables, when the goods or services will be produced, reporting, associated terms, and other relevant information. Agreements are an output of the Conduct Procurements process.