Agency Agreement

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Agency Agreement

An agreement between persons and/or organizations whereby one, called the agent, acts on behalf of the other, called the principal. The agency agreement states the functions the agent will perform for the principal, under what circumstances, and for what compensation. Agents have a fiduciary responsibility to act in the best interests of the principal. Common examples of agents include brokers and attorneys. An agency agreement is also called an agency contract. See also: Agency theory, Agency problem, Agency costs.
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He also announced the hiring of Ron Pigott, who headed procurement at the Texas comptroller's office, and Matthew Chaplin, who was in charge of contract compliance at the Texas General Land Office, to strengthen oversight of health agency contracts.
For years the writing has been on the wall and while our politicians have played football with the NHS, nurses and others in the care vocations have been ignored, thousands of nurses have been forced out of the NHS and then reemployed hrough agency contracts.
Order based on various banking services agency contracts.
Choosing to bring in recruitment freezes or terminating temporary agency contracts can save troubled businesses pounds 10,000 more per employee than making redundancies, according to new research.
Up to 300 agency contracts will be affected up to next March as the company looks to reorganize production and safeguard permanent jobs at one of its factories in Spain.
25 million depending on sources - there is a general consensus that the use of agency contracts has grown significantly in recent years.
SEIU Local 1 President Sharleen Stewart said: "The managed competition model in the home care industry has eroded the quality and continuity of care, since home care agency contracts are flipped every three to five years.
If a government agency contracts with a university to conduct research for the military, the contract will require secrecy from certain countries' nationals.
Some of these agents just walk away from the carriers and become independent agents, while others negotiate independent agency contracts with their direct writers, he said.
GTSI makes its products available through a variety of important procurement vehicles, such as the NASA SEWP contract, the Air Force Desktop IV contract, GSA Schedules A and B/C, as well as hundreds of smaller agency contracts.
The Defense Audit Contract Agency, a division of the Pentagon charged with monitoring 99 percent of all agency contracts, has lost 1,200 of its 7,100 auditors since 1989, and the Bush administration would have cut more had Congress not intervened.
The IRS also has published final regulations relating to the 1986 Tax Reform Act requirement that each federal agency report certain information about all persons with whom that agency contracts.