A contract is “a written agreement or other formal instrument where there is mutual agreement to terms that bind the University to any legal obligation. Typically, at least one party to the transaction is external to the University. A contract may be in the form of an agreement, proposal, statement, notice, resolution, letter, memorandum of understanding (MOU), memorandum of agreement (MOA), purchase order, license, indenture, grant, cooperative agreement, etc. In addition, such documents may go by other names as well.” (Policy 528 –Contract Signature Authority and Delegation)
Purchasing and Contract Services will help
o Manage the contract review process
o Obtain authorized university signatures
If you have questions about contracts, please call Purchasing and Contract Services at (435)797-1033 or email firstname.lastname@example.org.
Please remember that contract review may take up to 4 weeks.