One of the most typical types of contractual agreements used in open-concluded connections or situations where one company has to work on design or systems with another company is the Master Service Agreement. This comes as no surprise, due to their sheer practicality over the more traditional design-specific contract. Master Service Agreements are designed to be incorporated into design-specific contracts which are addendums or statements of work to the agreement itself and as similar, allow to be executed contemporaneously with or after the MSA. MSA or Master Service Agreement is a contract made between two or further parties in which […]