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Contract administration is the management of a contract upon execution and once work begins. Administration of a contract may be simply confirming services are performed or receiving, inspecting and accepting goods and paying the invoice.
Administrative agreements are legally binding contracts that outline the terms and conditions between two parties. In addition, these agreements detail what can happen if one party fails to uphold its end of the agreement.
An administrative services agreement is a type of professional services contract in which a company hires a third party to provide administrative services in exchange for compensation. Administrative services can include: Payroll. Property management. Human resources.
It's a type of publishing deal. They focus solely on administrative duties, such as properly registering your songs with global societies and collecting royalties on your behalf. Administration deals occasionally include an advance as well, but it must be recouped in the same manner as any publishing deal.
A partnership deal in which a songwriter contracts with a publishing administrator. In this arrangement, the songwriter keeps 100 percent ownership of the copyright and pays an administrative fee to the publisher/administrator. The administrator usually provides limited or no creative services.