Type of Contract

Description

Master service agreement (MSA)

An agreement that establishes precedence and guidelines for any business documents that are executed between two parties. It can be used to cover recurring costs and foreseen additional charges during a project without the need for an additional contract.

Non-disclosure agreement (NDA)

A business document that stipulates the parties will not share confidential information, knowledge, or materials with unauthorized third parties.

Statement of work (SOW)

A business document that defines the highest level of expectations for a contractual arrangement. It typically includes a list of deliverables, responsibilities of both parties, payment milestones and schedules, and other terms. Because this document details what the client is paying for, it has a direct impact on team activities. It also can be used by the pen test team to charge for out-of-scope requests and additional client-incurred costs.