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PROFESSIONAL SERVICES AGREEMENT

PROFESSIONAL SERVICES AGREEMENT 2025

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The document is a Professional Services Agreement between the City of Miami and Operation Hope, Inc. for a financial literacy and empowerment coaching program funded by a $150,000 grant from the Citi Foundation. The agreement outlines the terms, scope of services, budget, compliance requirements, and responsibilities of both parties to provide financial coaching to at least 200 individuals in Miami. It includes provisions for audits, insurance, nondiscrimination, and termination rights.

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What is the difference between PSA and MSA?

A PSA may be used for a one-time project or a short-term engagement. An MSA, on the other hand, is a broader type of agreement that sets forth the general terms and conditions under which a professional or service provider will work with a client.

What is the difference between PSA and master service agreement?

Its project-based and defines the terms for one particular job or contract. Once that project is complete, the PSA ends (unless renewed). A Master Services Agreement (MSA) is broader; it sets the general terms for an ongoing business relationship.

What is a PSA contract?

A purchase and sale agreement (PSA) is a binding contract that outlines how property will change hands between buyer and seller. It covers the crucial details both parties must follow to complete the sale properly and legally.

What is a PSA in business terms?

The Personal Service Agreement (often referred to as a PSA or Form CO-802A) is a contract designed for simple transactions that do not require the participation of a Purchasing Agent to assist with sourcing and with the settlement of business terms.

What is the difference between MSA and PSA?

PSA vs MSA: Understanding the Differences While MSAs are comprehensive agreements covering the broad terms of service between companies, Professional Services Agreements (PSAs) are often more narrowly focused.

What is a professional agreement?

Professional Agreement means this collective bargaining agreement which has been reduced to writing, ratified, and signed by agents of both parties. Professional Agreement has the same meaning as set out in the Public School Administrators Employment Relations Act.

PROFESSIONAL SERVICES AGREEMENT 2025

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