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Professional Services Agreement (PSA)

Glossary
Professional Services Agreement (PSA)

A Professional Services Agreement (PSA) is a contract between a service provider and a client for the delivery of specialized professional services, such as consulting, legal, or engineering services. This agreement outlines the scope of work, deliverables, timelines, fees, and confidentiality terms. PSAs are critical for ensuring clear communication and understanding of the project requirements and expectations. Regular review of the PSA helps ensure that the services provided meet the client's needs and that any changes or additional requirements are promptly addressed.

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