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Outsourcing is an arrangement under which an organisation contracts with a service provider to perform services that the organisation currently performs in-house or which are performed by an existing third party supplier.
Outsourcing means you give the job to the person/company. You take the project and outsource the website project to an agency that does websites. They deliver the website to you. Contracting means you hire someone for a specific amount of time for a specific project.
A description of the parties involved in the agreement. A description of the services to be performed. A description of fees and payment schedules. The effective date of the contract, when work will begin, and the terms under which it can be terminated. Include a place for signatures.
There are many different types of outsourcing including offshore staffing, onshoring, and project outsourcing.