Memorandum of agreement
- A Memorandum of Agreement (MOA) defines an agreement between parties to work together on a project or meet an objective where funds for services are anticipated. MOAs do not obligate funds themselves, but rather establish the terms of service. MOAs are often more specific in nature than MOUs and pertain to the goods and/ or services identified in the agreement. Generally, the responsibilities of each party within the MOA are dependent on those of the other parties.
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