A master service agreement is an over-arching agreement between parties that will govern multiple future agreements. Its purpose is to speed up and simplify future contracts by setting a framework to do business.
A master agreement permits the parties to quickly enact future transactions or agreements, negotiating only the points specific to the new project or service, relying on the provisions in the master agreement common terms.
A professional Master Services Agreement provides a framework to streamline future contracts by establishing overarching provisions for work conducted by the vendor.
