A consulting team is planning a multi-phase assessment for a new client who wants one contract to address roles, liability concerns, and repeat engagements. Which contract is commonly used to manage these overarching provisions?
Terms of Service
Master Service Agreement (MSA)
Statement of Work
Non-Disclosure Agreement
One agreement type covers overall legal and business terms for multiple or ongoing engagements, including liability, roles, and responsibilities. Other contract types cover narrower or one-time aspects. For example, a statement of work centers on a single project’s tasks, a terms of service focuses on standards for using a specific product or service, and a non-disclosure agreement protects sensitive information but does not specify the complete scope of liability and responsibilities across multiple endeavors.
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