The difference is that a professional service agreement is a one-shot deal, while a subcontract most often involves an ongoing relationship and a greater degree of involvement in the business.

As of late, many professional services agreements cap the service provider’s liability at two, three, or six months of fees paid. First, that is less than industry standard.

Through a detailed review of the terms and conditions contained within a standard Professional Services, Teaming, Subcontract, and Non-Disclosure Agreement, the reader will learn how to ...

A hospital contracts with physicians for certain, outlined professional services, and the hospital directly employs the group staff and takes care of the administrative costs. • Global payment PSA.