(PSA) Professional ServiceS Agreement

A Professional Services Agreement (PSA) is an agreement between a vendor/contractor/consultant and Rice University for paid services. 

A PSA is needed when:

• Services provided to Rice University exceed $3,000

• Visitors (Academic, Service Provider, and Remote) are providing paid services to Rice University.

Note: It is generally recommended for all paid contract services provided to Rice.

Requirements for PSA:

• Start and End Dates

• Termination terms

• Signatures from both the Service Provider and the Department Chair

• Statement of Work (SOW)

• May include a Sole Source Justification (SSJ) for services exceeding $25k

Modifications to the PSA

If the service provider or department would like to modify the PSA in any way, the Rice department should contact the Office of the General Counsel to review the request. In the case that modifications to the insurance requirements are requested, the Office of Risk Management should be CCed on the request.

A PDF format of the PSA is available when:

• Only the blanks are filled in

• There are no language changes or edits

• The Exhibits (if applicable) do not include any legal language or terms

A Word format of the PSA is available when:

• Changes are being made to the PSA by either the department or service provider

General Counsel requests that any changes to the PSA are made in redline so their office can review.

Helpful Links:

Professional Services Agreement Template (PDF Format)

Professional Services Agreement Template (Word Format)

Controller's Office Information on PSAs (Under Procurement & Purchasing FAQs)