Common Contracts
1 similar Blanket Agreement contracts
BLANKET AGREEMENTSBlanket Agreement • January 11th, 2023
If you plan to work with or order materials from a vendor/supplier that will provide regular/repeated goods or services to our department, the University recommends that we create (or utilize and existing) blanket agreement. This means the University will create a contract with the supplier and agree to terms and conditions ahead of time. Then, each time we want to engage with the supplier throughout the year, we can release a certain amount of funds from the existing blanket order, instead of creating an order from scratch which requires AP/Purchasing to establish a new contract each time.
