The Palestinian Authority has signed a $55K monthly retainer representation contract with Squire Patton Boggs.

The firm will assist the PA in assessing US funding promises to date and help ensure that further commitments of financial assistance are fulling and received by the Palestinians.

Squire Patton Boggs also will help manage the PA/US bilateral diplomatic and political relationship.

The firm also will review the 1994 Paris Protocol that established the economic relationship between the PA and Israel.

The one-year contract went into effect Nov. 15. It will automatically renew for an additional year, unless the PA notifies Squire Patton Boggs of its intent to cancel by Oct. 15.

If the scope of the project increases significantly or unforeseen events necessitate additional work, the retainer will increase, according to the agreement.

Squire Patton Boggs partner Gassan Baloul handles the contract. He reports to H.E. Shukry Bishara, Minister of Finance & Planning at the PA.