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Commonly Asked Questions about Professional Consulting Contracts

Professional services can be defined as unique, technical, and/or infrequent functions performed by an independent contractor/vendor qualified by education, experience, and/or technical ability to provide services.
A PSA is a legally binding contract between two parties. Its a type of consulting agreement wherein an independent contractor helps a business to achieve a defined goal. A PSA allows for the boundaries of the professional relationship between a client and service provider to be clearly defined.
Examples of professional services include medicine and related medical services, and legal, accounting, architectural, and engineering services.
Use these steps to help you get your first consulting contract: Consider your areas of expertise. In order to book a contract, you need to know what areas you can train in. Target companies in your area. Meet with the owner. Prove your knowledge. Get the contract. Ask for a referral and testimonial.
A professional contract, also called a professional services contract or personal services contract, is a legal agreement executed by an organization and a contractor who is agreeing to provide a specific service. For example, a company may execute a professional contract for specialized legal services.
Define Duties, Deliverables, and Roles A good consulting contract should clearly outline the agreed-upon services or products to be delivered. When reviewing a contract, dont assume anything. If there are undefined terms, a vague timeline, or hazy descriptions of deliverables, be sure to add in necessary details.
Service Contracts are agreements between a customer or client and a person or company who will be providing services. For example, a Service Contract might be used to define a work-agreement between a contractor and a homeowner. Or, a contract could be used between a business and a freelance web designer.
Key Differences Scope: Service Agreements generally define a broader scope of services, while Consulting Agreements have a narrower focus on the consultants specialized expertise.