Master Service Agreement (MSA)
Also known as: MSA
A master service agreement (MSA) is an overarching contract that sets the general terms governing an ongoing relationship between a buyer and a supplier.
An MSA fixes the terms that apply across all future work — liability, confidentiality, payment terms, dispute resolution and intellectual property — so individual projects or orders can be agreed quickly through short statements of work or purchase orders without renegotiating everything each time.
MSAs suit ongoing supplier relationships, particularly for services. They speed up subsequent engagements and reduce legal effort, because the heavy contractual groundwork is done once and referenced thereafter.
Frequently asked questions
- What is a master service agreement?
- An MSA is an overarching contract setting the general terms of a buyer-supplier relationship, so individual projects can be agreed quickly under short statements of work without renegotiating the full terms each time.
- What is the difference between an MSA and a statement of work?
- The MSA sets the general legal and commercial terms for the relationship. A statement of work sits under it and defines the specific scope, deliverables and price of a particular project.
Related terms
Contract Management
Contract management is the process of creating, executing, tracking and renewing supplier contracts to ensure both sides meet their obligations and value is realised.
Read definitionService Level Agreement (SLA)
A service level agreement (SLA) defines the measurable standards a supplier commits to — such as response time, uptime or delivery reliability — and the consequences of missing them.
Read definitionFramework Agreement
A framework agreement is a long-term contract that sets agreed terms and pricing with one or more suppliers, from which specific orders are called off as needed.
Read definitionExplore related across the knowledge graph
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