updated 10/1/2023 Basic Personal Service Agreements A Basic Personal Service Agreement (a "Basic PSA") is a PSA entered into using the form of PSA available .....
A Basic PSA may only be used where competitive procurement is clearly not required. As such, a Basic PSA may only be used where (a) all payments to the vendor during the fiscal year (whether under the Basic PSA or under a separate contract) will not exceed $25,000 or (b) the vendor is providing a lecture, speech, or performance that is available only from the vendor and documented as such with a valid Sole Source Justification Questionnaire.