Common use of E-PROCUREMENT Clause in Contracts

E-PROCUREMENT. The College has implemented an e-Procurement solution, named SharkMart, with the objective of streamlining processes and gaining operational efficiencies. Bidders identified for a contract award will be required to register in SharkMart. The Procurement office will send an email to the Bidder’s contact that will include a SharkMart link to start the registration process. This process involves the completion of a company and tax profile (W9). The registration process must be completed before any purchase orders are issued. Registering is completely free of charge and will enable your firm to benefit from the following functionality: 1. Receive orders electronically 2. Manage your company profile electronically and provide timely updates as needed 3. Ability to receive, send and respond to order emails 4. Submit electronic invoices with the “order to invoice” functionality 5. Ability to view all on-line orders, invoices and the invoice status

E-PROCUREMENT. The College has implemented an e-Procurement solution, named SharkMart, with the objective of streamlining processes and gaining operational efficiencies. Bidders identified for a contract award will be required to register in SharkMart. The Procurement office will send an email to the Bidder’s contact that will include a SharkMart link to start the registration process. This process involves the completion of a company and tax profile (W9). The registration process must be completed before any purchase orders are issued. Registering is completely free of charge and will enable your firm to benefit from the following functionality: 1. Receive orders electronically 2. Manage your company profile electronically and provide timely updates as needed 3. Ability to receive, send and respond to order emails 4. Submit electronic invoices with the “order to invoice” functionality 5. Ability to view all on-line orders, invoices and the invoice statusstatus Page 11 10. Specifications: