An exclusive service contract is an agreement that grants a single party the right to provide specific services to another party, usually for an agreed-upon duration of time. This type of contract requires the other party to accept only the services provided by this first party; they are prevented from seeking additional services elsewhere. In other words, the contractual arrangement grants a monopoly on a certain type of service. Exclusive provisions can help build trust and reliability between the two parties, and can help keep costs down if the party supplying the service knows they won’t have any competition.