Project Sourcing Agreement -
I am a Pittsburgh based stills photographer and director of photography specializing in commercial lifestyle content. Much of my work has centered around the energy, agriculture, healthcare, and higher education sectors. I have been shooting ad campaigns, both big and small, since 2007 and take pride in being a joy to work with while delivering exceptional service and end results to my clients.
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Project Sourcing Agreement

A project sourcing agreement, also known as a PSA, is a legally binding contract between a company and an agency or freelancer that outlines the terms and conditions of a specific project. The agreement typically includes details such as the scope of work, timeline, payment terms, and project deliverables. A PSA is a critical document that ensures that both parties are on the same page and that the project is completed successfully.

Here are some key elements of a project sourcing agreement:

Scope of Work: The scope of work outlines the specific tasks and objectives that the agency or freelancer will accomplish in the project. This section should be detailed, specific, and comprehensive to avoid misunderstandings and conflicts later on.

Timeline: The timeline section should include the expected start and end dates of the project, as well as any milestones and deadlines. A clear timeline helps to keep the project on track and ensures that all parties are aware of their responsibilities and deadlines.

Payment Terms: The payment terms section outlines the payment structure and schedule for the project. This section should include details such as the total project cost, payment milestones, and invoicing procedures. It is critical to establish a payment plan that works for both parties to avoid payment disputes and delays.

Project Deliverables: The project deliverables section outlines the specific items that the agency or freelancer will deliver upon completion of the project. This section should include details such as the format, quantity, and quality of the deliverables. A clear understanding of the project deliverables ensures that the final product meets the expectations of both parties.

Intellectual Property Rights: The intellectual property rights section outlines the ownership and use of any intellectual property created during the project, such as logos, designs, and content. This section should be clear and specific to avoid any legal disputes later on.

Confidentiality: The confidentiality section outlines the protection of confidential information shared during the project. This section should include details such as the scope of confidentiality, obligations of both parties, and any exceptions.

A project sourcing agreement is a crucial document for any project, no matter the size. It provides clarity and protection for both parties involved and helps to ensure that the project is completed successfully. Before signing any PSA, both parties should read and understand the terms and conditions thoroughly. If needed, consult with legal counsel to ensure that the agreement aligns with the company`s policies and the law. By having a well-written project sourcing agreement, both parties can work collaboratively and confidently towards a successful project completion.